Latest News for: Africa duty free

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Botswana resumes beef exports from areas free of foot & mouth outbreak

Reuters 28 Sep 2022
Along with South Africa and Namibia, Botswana is one of the biggest beef exporters to the EU, where it enjoys duty- and quota-free access and where it saw export earnings drop from $130 million in 2010 to $20 million in 2020, according to central bank statistics.Register now for FREE unlimited access to Reuters.com.
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Five reasons for American companies to do business in Ethiopia

New Business Ethiopia 21 Sep 2022
Atnafu-With a population of around 120 million, Ethiopia has a sizable domestic market and is the second-most populated nation in Africa behind Nigeria ... Due to Ethiopia’s participation in the Africa Continental Free Trade Agreement (AfCFTA), American businesses investing there are eligible for incentives like duty- and tariff-free trade.
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Government keen on creating over one million jobs – NEIP Boss

Joy Online 13 Sep 2022
“It is against this backdrop that the government under the leadership of his excellency, Nana Addo-Danquah Akufu-Addo has put in place strategic measures to ensure that one, a hundred Ghanaian Companies are supported with various forms of assistance to export under the AFCFTA to the rest of Africa, duty-free quota-free” ... .
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Ethiopia's Industrial Hopes Dwindle as Conflict, Sanctions Take Toll

Beijing News 11 Sep 2022
in 2000 to aid development in sub-Saharan Africa, gave Ethiopia duty-free access to the U.S ... "There are some, as I told you, reductions on orders, because they are being injured by the customs, duty-free privileges in the American markets, since most of the commodities are being exported to the U.S.," he said.
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Ethiopia’s Industrial Hopes Dwindle as Conflict, Sanctions Take Toll

Voa News 10 Sep 2022
in 2000 to aid development in sub-Saharan Africa, gave Ethiopia duty-free access to the U.S ...There are some, as I told you, reductions on orders, because they are being injured by the customs, duty-free privileges in the American markets, since most of the commodities are being exported to the U.S.,” he said.
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Ethiopia’s ceasefire ends as fighting erupts in north

The Irish Times 25 Aug 2022
Resumption of conflict saps hopes for peaceful resolution of civil war that began nearly two years ago ... Photograph. Finbarr O'Reilly/New York Times Andres Schipani in Nairobi. Thu Aug 25 2022 - 17.51 ... The civil war has also cost Ethiopia, one of the biggest economies in east Africa, billions in donor support and duty-free access to the US.
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Seychelles to remain unaffected by UK’s recently announced poorer countries trade scheme |24 August 2022

Nation 24 Aug 2022
Seychelles as a member of the Eastern Southern Africa (ESA) States currently benefits from Duty Free Quota Free trade with the United Kingdom (UK) ... The agreement came into force as of January 2021 and provides Seychelles duty free quota free market access on all goods exported ...
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United Kingdom to cut import taxes on products from Africa

B & FT Online 24 Aug 2022
Besides pursuing concrete investment projects and running joint business with local partners, the United Kingdom now plans to considerably cut taxes from around 99% of goods imported from Africa ... Under the Developing Countries Trading Scheme, 99% of goods imported from Africa will be duty-free ... As the UK Minister for Africa, MP Vicky Ford explained.
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Duty-free Retailing Market to Record a CAGR of 8.56%, Growing International Tourism to Drive Growth ...

Victoria Advocate 19 Aug 2022
This market research report segments the�duty-free retailing market�by product (fashion apparel and accessories, cosmetics and perfumes, tobacco and alcoholic beverages, and confectionery and fine foods), distribution channel (airports and others), and geography (APAC, Europe, North America, the Middle East and Africa, and South America).
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Russia’s Evolving Relations with Africa at the Crossroads of a Global Crisis

GlobalResearch 19 Aug 2022
Feel free to repost and share widely Global Research articles ... This latest food crisis, which did not originate in the continent, is reaching alarming dimensions especially in Africa ... The Africa Growth and Opportunity Act – known as AGOA – provides duty-free access to American markets, and most African countries have taken full advantage of it.
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Russia scrambles for higher performance marks in Africa

B & FT Online 19 Aug 2022
The Russia-Ukraine crisis has a strong immeasurable negative impact, generating social discontent across large spectrum of the population in Africa ... The Africa Growth and Opportunity Act – known as AGOA – provides duty-free access to American markets, and most African countries have taken full advantage of it.
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AfCTA post implementation impact on tax revenue mobilisation

B & FT Online 16 Aug 2022
AfCFTA is an initiative by African states focused on helping to develop Africa ... It is a single market (Duty-free, Quota-free) covering the entire African continent with a total population of 1.3 billion and a combined gross domestic product (GDP) of almost US$3trillion ... Both countries achieved below the 2019 Africa Tax-to-GDP average of 16.6 percent.
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UK to cut taxes on imports from Africa

Business Ghana 16 Aug 2022
Under the Developing Countries Trading Scheme, 99% of goods imported from Africa will be duty free ... --Advertisements--. .
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No trade after 18 months of AfCFTA; 36 countries technically ready

B & FT Online 03 Aug 2022
No trade activity has taken place 18 months on since the official launch of the Africa Continental Free Trade Area (AfCFTA). The duty-free trade deal, involving 54 countries on the continent, was launched in January 2021; but trade is yet to take off, the AfCFTA Secretariat said, citing the many complexities in member-states.
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U.S. doesn't rule out more comprehensive trade negotiations with Kenya

Reuters 16 Jul 2022
House Ways and Means Committee Chairman Richard Neal has suggested, but said the next "several months" would be focused on the just-announced partnership.Register now for FREE unlimited access to Reuters.com ... Kenya already enjoys substantial duty-free access to the U.S.

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