English Arabic French Portuguese Spanish

AfCFTA WORKSHOP SERIES- Nairobi Edition October 23rd - 24th, 2018

24 July 2018
(0 votes)
Author :  

AfCFTA WORKSHOPS SERIES 2018

First Edition - The Weston Hotel, Nairobi - Kenya!

October 23 - 24, 2018, 

 

The Workshop is Happening Now!

 

 

 

For exporters, importers and cross-border investors to learn how the African Continental Free Trade Agreement (AfCFTA) and other trade changes will impact your business this year and beyond.  

 

We’re speaking with leaders who are on top of all the changes and innovations made to the most important trade agreement in Africa. We’ll be offering up a mix of information on tax reform, AfCFTA, trade/tariffs and more.

This special AfCFTA workshop series, in collaboration with the experts at AU Commission, will be held in various cities over the coming months, with the kick-off in Nairobi October 23 - 24, 2018. For each discussion, members may tune-in from anywhere.

 

WORKSHOP  PROGRAM

1. Keynotes on the AfCFTA and its implementation

2. The business framework and the outlook for AfCFTA and its implications on African countries [Presentation]

3. Challenges and opportunities: a practical approach [Panel Discussion]

4. The deepening of East African integration, and Kenya as key player in regional supply chains [Presentation]

5. The most prominent concerns of the AfCFTA implementation, immigration and border security [Presentation]

6. Importance of the AfCFTA to Ethiopia, Ghana, DRC, Mozambique, Morocco [Panel Discussion]

7. AfCFTA and Getting Globalization Right: Poverty, Inequality, and Trade [Presentation]

8. Rules of origin, arbitration, and the effect of exchange rates on the utilization of AfCFTA; [Presentation]

9. Market Panel: Tanzania, Congo, Togo, Uganda [Panel Discussion]

10. INDUSTRY TOUR

 

Join PACCI for this important event in-person or virtually. 

Goal: Learn from practitioners and experts who are up-to-date on all the information exporters and importers need to know about AfCFTA.

 

Who Should Attend: Executives at exporters, importers and investors – CEOs, COOs, CFOs, EVPs, business, sales, marketing.

 – – – – – – – 

In-person location: African Union Headquarter - Addis Ababa

 

ABOUT THE AfCFTA

AfCFTA is a new trade agreement between African countries.

It makes it easier to export goods and services, benefitting people and businesses in Africa.

On 21 March 2018 African heads of state and government officials met in Kigali, Rwanda, to sign the framework to establish this initiative of the African Union.

National parliaments in African countries will then need to approve AfCFTA before it can take full effect.

It will only enter into force fully and definitively, however, when (twenty-two) 22 AU Member
States have ratified the Agreement.

The deal will bring benefits for people and businesses across Africa. It will help to generate growth and jobs by:

  • Boosting exports;
  • Lowering the cost of the inputs businesses need to make their products;
  • Offering greater choice for consumers, and
  • Upholding African standards for products.

 

WHAT WILL AfCFTA DO?

AfCFTA offers new opportunities for African businesses of all sizes to export across the continent. Following ratification AfCFTA removes duties on 90% of products (tariff lines) that the African countries trade with other African countries.

The agreement will especially benefit smaller companies who can least afford the cost of the red tape involved in exporting to other African countries. Small businesses will save time and money, for example, by avoiding duplicative product testing requirements, lengthy customs procedures and costly legal fees. Member States' authorities dealing with export promotion and chambers of commerce stand ready to help businesses to start exporting in Africa, boost existing trade, and attract investment.

The agreement also offers better legal certainty in the service economy, greater mobility for company employees, and a framework to enable the mutual recognition of professional qualifications, from architects to crane operators.

 

PROCEDURE AND NEXT STEPS

AfCFTA will be fully implemented once 22 Member States ratify the deal according to their respective constitutional requirements. At the time AfCFTA will take full effect, a new Dispute Resolution System will be put in place.

 

THE BENEFITS OF AfCFTA

  • Helping to generate growth and jobs
  • Creating a level playing field for African companies, big and small
  • Lowering prices and widening choice for Africa's consumers
  • Cutting customs duties for exporters and importers
  • Cutting other costs for African businesses
  • Making it easier for African firms to sell services across Africa
  • Helping Africa’s rural communities market distinctive food and drinks
  • Protecting Africa's innovators and artists
  • Recognizing each other's professional qualifications
  • Protecting people's rights at work, and the environment.

 

The Workshop is Happening Now!

 

 

 

 

  • The Africa CEO Forum - March 25-26, 2019 - Kigali, Rwanda.

    The Africa CEO Forum - March 25-26, 2019 - Kigali, Rwanda.

    We made it!

     

    Why Attend?

     

    For CEOs :

    - Benefit from an unrivaled networking platform with top decision-makers.

    - Identify new business opportunities with the world’s most influential business leaders.

    - Learn from the world-class consultants and experts on how to navigate your company’s greatest challenges.

     

    For Investors :

    - Gain exclusive insights on the most promising investment projects in Africa.

    - Build lasting relationships with government officials who are looking to create strong alliances and business partnerships.

    - Adjust your strategies to the current economic and geopolitical outlook.

     

    For Governments:

    - Showcase your country's strategies and vision for attracting investors into your country.

    - Get deeper insights into sector to build new projects.

    - Turn the world’s top investors into partners.

     

    The AFRICA CEO FORUM brings together company executives, investors and public officials with the following profiles :

    • Chair of the board
    • President/CEO
    • Managing Director
    • Vice-President
    • Partner/Associate
    • Minister of Economy, Finance, or Industry
    • Head of Financial Institution
    • Presidential Economic Advisor

     

    For company executives, the annual turnover must exceed 10 million euros.
    Please note this is a pre-registration process and each registration is screened carefully to ensure the admission criteria is met. You will receive a confirmation and details on next steps from the organizers following this process.
    Capacity at the event is limited so kindly submit your pre-registration as soon as possible to secure your seat. 


    Please note your participation is secured following payment of the registration fees.  General terms and conditions available here

    REGISTER HERE TERMS AND CONDITIONS
    We made it!

     

     

     

  • Intra-African Trade Gets $1 Billion Push

    Intra-African Trade Gets $1 Billion Push

    The African Export-Import Bank (Afreximbank) and the Export Credit Insurance Corporation of South Africa SOC Limited (ECIC), yesterday, Johannesburg, unveiled a $1billion financing programme to promote and expand trade and investments between the country and the rest of Africa.

    The financing, under the South African-Africa Trade and Investment Promotion Programme (SATIPP), Afreximbank and ECIC will work together to identify, prepare and appraise trade transactions and projects.They will also explore co-financing and risk-sharing opportunities, as well as share knowledge, with particular emphasis on intra-African trade matters, through technical cooperation, staff exchange, research and joint events.

    This is coming few weeks after the continent's largest trade bank, reiterated its cooperation with Nigeria's quest for development and offered to arrange financing of up to $1 billion to support investments in trade enabling infrastructure.The pan-African multilateral lender said that its facilities had made major impact on critical sectors of the Nigerian economy, while the institution now has loans outstanding of about $3.5 billion in the country as at 31 December 2017.

    The bank identified the benefiting sectors of its to include financial institutions, transport, hospitality, manufacturing, agro-allied, oil and gas, power, and telecommunications.But addressing the business community, media and stakeholders from the public and private sectors, the President of Afreximbank, Dr. Benedict Oramah, said that the joint initiative would support businesses through capacity building and market information initiatives and would help small and medium-sized entrepreneurs to join regional supply chains.

    It would also provide advisory services and guarantees to South African investors seeking trade and investment opportunities in Afreximbank's regional member countries.According to him, the initiative provides a platform for the realisation of Afreximbank's strategic objectives in line with its strategy- Impact 2021: Africa Transformed, which prioritises intra-African trade, industrialisation and export manufacturing.

    The Chief Executive Officer of ECIC, Kutoane Kutoane, said: "We realise that one of the best ways to enhance our exporting capabilities as a country is by intensifying mutually beneficial trade with the rest of the continent." Today, Afreximbank commenced its yearly general meetings in Abuja, slated for July 11 to 14, while it also has the Intra-African Trade Fair in Cairo slated for December 11 to 17, in efforts to promote trade among African countries.

    Oramah said the trade fair, being promoted in collaboration with the African Union and the Egyptian government, would be the continent's single largest trade fair and the first of its kind.It will feature a seven-day trade show where Nigerian businesses could join others to showcase their capital goods and service offerings to a large market, including private sector corporates and government institutions from up to 55 African countries.

    Read the original article on Guardian.
Login to post comments

The Pan African Chamber of Commerce and Industry was established in 2009 by 35 founding national business chambers to influence government policy and create a better operating environment for business.

Latest Tweets