PROSPERITY AFRICA CONFERENCE - 3rd & 4th DECEMBER 2019 at Palais du Peuple
The Agenda will cover:
Focus on AfCFTA
Focus on Trade Facilitation
Focus on Technology and Innovation
In attendance will be Chamber's of commerce Presidents, Representatives from select businesses across Africa, Regional Economic Zones (REC), Public Sector, Trade Facilitation Organizations.REGISTER Download Agenda -French Download Agenda - English
The conference is a follow up to the Africa Prosperity Conference 2017 held in Accra, Ghana whose recommendations were;
Engaging the Private Sector
PACCI should take the lead to draft the proposal to create the African Trade and Investment Panel (ATIP) that represents the various private sector interests, such as the Chambers of Commerce and Industry, business councils, industry associations, and other similar business support organizations established for aggregating and articulating the views of the private sector, identify priority areas and advice to promote economic cooperation and integration in continental policy formulation. The ATIP will be composed of members of the business community, designated by national chambers of commerce in consultation with other equivalent business associations and government agencies.
Each national Chamber of Commerce, in consultation with equivalent business organizations and the appropriate government agencies should designate up to three business leaders who will be called to consult or provide inputs to the CFTA negotiations.
The PACCI shall serve as Secretariat of ATIP to support the objectives and activities of the Panel. References to the African Trade and Investment Panel should be included in the CFTA.
Efforts should be made by PACCI to convene the First African Council on Business before the end of 2018.
Building capacity of continental and regional chambers of commerce
Because trade negotiations are currently a highly complex matter that require not only tariff reductions but also technically complex issues, such as intellectual property rights, environmental protection, and labour rights, often leading towards re-regulation as well as de-regulation of the economy. Meaningful participation in trade negotiation therefore demands a high level of technical expertise. Governments and international partners should support PACCI and regional chambers and associations to strengthen ties with governments and to assume the role of coordinator for the entire private sector.
Governments and businesses should establish a national focal point in each country for monitoring, evaluating and reporting on the CFTA. The private sector should systematically monitor and report the progress of implementing the Continental Free Trade Area to its constituents.
National governments are strongly encouraged to use their national public-private dialogue (PPD) on trade policies, including their national trade facilitation committees, to formalize government-business collaboration and follow the CFTA negotiations.
CFTA negotiators should make sure the processes of developing the CFTA take gender into consideration in the whole trade agreements processes.
Governments should make sure that gender balance in the CFTA negotiation team is ensured.
PACCI in collaboration with partners should organize African Women in Trade Conference – to help businesswomen discover the value of doing business with the CFTA.
School environments should rapidly introduce youth to the concept of entrepreneurship and self-employment as a career option. Entrepreneurship education, therefore, should be sufficiently adopted. Tools, resources and information material to support youth entrepreneurship should be readily available and businesses should support such programs by providing resources, internships and coaching opportunities.
The free movement of natural persons that supply services should be addressed with priority, including through trusted traveler programs, streamlining visa requirements and procedures.
The CFTA Rules of Origin and accompanying procedures should be VERY simple and trade-facilitating.
PACCI should undertake a study to assess the value of preferential arrangements to the recipient countries, including case studies of selected countries and commodities to determine assistance, including legal support, aimed at helping African exporters to cope with technical standards affecting trade, and to penetrate markets of growing interest such as organic products.
In the area of trade facilitation, the CFTA should have commitments relating to opening times for ports, the establishment and maintenance of One Stop Border Stops (OSBPs) and Single Windows, the establishment of authorized operator programs with a view to facilitating regional trade, promoting the use of electronic or on-line processing/procedures, interoperability and sharing of information from customs and other border agencies between African countries.
Government should prioritize areas for sanitary and phytosanitary cooperation.
PACCI should undertake the mapping of existing national and regional Alternative Dispute Resolution institutions.
Negotiators of the CFTA should make sure arbitration is accessible by strengthening institutional support. Facilitation (mediation) should be available as the mechanism that resolves most trade disputes. The Chambers of Commerce should be supported to provide footprints for developing such institutions.
Private investors should support the growth of coastal shipping to stimulate regional trade.
Building productive capacity
Governments should make AGOA work by improving its impact notably by reducing to zero all tariffs on agriculture exports from AGOA-eligible countries.
EU-Africa Business Forum should change its current format and focus more on business to business contacts facilitating trading between European and African business entities.
Trade finance for intra-African trade
African governments should speed up the macroeconomic convergence necessary for a single currency across the entire sub-regions and the continent;
Financial institutions should do more to take into account the needs of SMEs when introducing financial system regulations, including making financing rules and procedures related to exports more simple;
Financial institutions should do more to rationalize and streamline loan procedures to support SMEs.
TICAD 7 IS CALLING! DEADLINE AUGUST 6
PACCI cordially welcomes you to register for the event happening August 28 - 30 in Yokohama, Japan.
Please ONLY register if you can make it to the event.
Learn more at https://ticad7.city.yokohama.lg.jp/english/
Flyer on the event: https://ticad7.city.yokohama.lg.jp/…/…/leaflet_ticad7_en.pdf
PACCI - TICAD 7 registration form : https://forms.gle/qgBLUVrzw7kRE9727
We will notify all who registered in a week and those accepted will receive a follow up for flights details and delegate guide.
Don't miss the opportunity to represent your company, country, and Continent!
Contact us for any inquiry.
The African Continental Free Trade Area Agreement entered into force on 30 May 2019 for those countries that had deposited their instruments of ratification before this date.
According to Article 23 of the Agreement, entry into force occurs 30 days after the 22nd instrument of ratification is deposited with the Chairperson of the African Union Commission (AUC) – the designated depositary for this purpose – an essential step for the AfCFTA to enter into force.
On 29 April 2019, Sierra Leone and the Saharawi Republic deposited their instruments of ratification with the depositary, paving the way for the AfCFTA’s entry into force. Since then, five countries have deposited their instruments of ratification: Zimbabwe, Burkina Faso and São Tomé and Príncipe, with Gabon and Equatorial depositing their ratification instruments during the 12th Extraordinary Session of the Assembly of the African Union on the AfCFTA in Niamey, Niger on 7 July 2019, marking the launch of the operational phase of the AfCFTA Agreement.
The 27 countries that have deposited their instruments of AfCFTA ratification with the AUC Chairperson are Ghana, Kenya, Rwanda, Niger, Chad, Congo Republic, Djibouti, Guinea, eSwatini (former Swaziland), Mali, Mauritania, Namibia, South Africa, Uganda, Ivory Coast (Côte d’Ivoire), Senegal, Togo, Egypt, Ethiopia, The Gambia, Sierra Leone, Saharawi Republic, Zimbabwe, Burkina Faso, São Tomé and Príncipe, Gabon and Equatorial Guniea.
This booklet provides a handy guide on the African Continental Free Trade Area (AfCFTA) – the architecture of the Agreement Establishing the AfCFTA, what the Agreement covers, institutional arrangements, and how it fits within Africa’s broader development agenda. The booklet also offers an overview of intra-African trade in goods (agricultural trade, non-agricultural trade, trade in commodities) and trade in services, as well as intra-African tariffs and trade facilitation performance.
Further information on the AfCFTA negotiations, as well as the legal texts of the AfCFTA Agreement and ratification status of the legal instruments, is available on tralac’s AfCFTA resources page.
To jointly advance the implementation of the follow-up actions of the Forum on China-Africa Cooperation (FOCAC) Beijing Summit,
Coordinators from the People’s Republic of China, 53 African countries and the African Union Commission (AUC) held a meeting of Coordinators in Beijing on 25 June 2019.
Both sides applauded the great success and the far-reaching historical significance of the FOCAC Beijing Summit convened from 3 to 4 September 2018. Both sides highly commended China’s policy toward Africa and new measures for China-Africa cooperation underpinned by the eight major initiatives and associated financing totaling US$60 billion, articulated by President Xi Jinping of the People’s Republic of China at the Summit, and measures manifested in the pdfFOCAC Beijing Action Plan (2019-2021) (327 KB) . Both sides decided to work together on the follow-up actions of the Summit under the principles embodied in the pdfBeijing Declaration (418 KB) , engage in Belt and Road cooperation, deepen and elevate China-Africa cooperation, and work toward an even stronger China-Africa community with a shared future. The two sides have agreed on the following:
Both sides commend the initiative by China and Senegal, co-chairs of the FOCAC, to hold this Coordinators’ Meeting and reaffirm the commitment of China and Africa to implementing the follow-up actions of the Beijing Summit, to seeking greater complementarity between China-Africa Belt and Road cooperation and Agenda 2063 of the African Union (AU), the development strategies of African countries and the 2030 Agenda for Sustainable Development of the United Nations. Together, the two sides will work toward a China-Africa community with a shared future that features joint responsibility, win-win cooperation, happiness for all, common cultural prosperity, common security, and harmonious co-existence.
Both sides welcome important cooperation outcomes and early harvests achieved by the two sides following the FOCAC Beijing Summit. Both sides express their readiness to step up cooperation in such areas as infrastructure development, industry partnering, and trade and investment, to tap into their cooperation potential in green development, capacity building, health, people-to-people exchanges, and peace and security, and to improve the structure of cooperation for the greater benefit of both peoples.
Noting the profound changes in the global landscape and the complex external environment facing China-Africa relations, the two sides commit themselves to multilateralism and free trade, opposing protectionism and unilateralism, safeguarding the UN-centered international system, and working together toward a community with a shared future for mankind, thus making greater contribution to world peace and development.
The African side congratulates China on the successful hosting of the second Belt and Road Forum for International Cooperation, and speaks highly of President Xi’s emphasis on promoting high-quality Belt and Road cooperation under the principle of extensive consultation, joint contribution and shared benefits and that of open, green and clean cooperation to foster a global partnership of connectivity with high-standard, people-centered and sustainable cooperation, as such cooperation has provided more opportunities for Africa to engage in international cooperation and improve people’s lives. China welcomes Africa’s active participation in Belt and Road cooperation which will lend fresh impetus to win-win cooperation and common development of China and Africa.
China commends, respects and supports Africa for progress made in the implementation of Agenda 2063 key flagship Projects, in particular the entry into force of the African Continental Free Trade Area, which marks a historical milestone on the path to Africa’s regional integration imperative.
The African side commends China’s commitment to the principle of sincerity, real results, affinity and good faith and that of pursuing the greater good and shared interests in its cooperation with African countries, believing that the four-point commitment and the “five-no” approach put forward by China at the FOCAC Beijing Summit speak volumes about the defining features of China-Africa relations, i.e. solidarity and cooperation, and point out a right path for international cooperation with Africa. The Chinese side commends African commitment to continuing to foster a closer relationship based on mutual trust and win-win cooperation. Acting on the above-mentioned principles and approaches, and with a commitment to common, efficient, green, safe and open development, the two sides will strengthen their strategic guidance and deepen the coordination of policies, mechanisms, and their cooperation:
The two sides will be guided by the strategic vision of building an even stronger China-Africa community with a shared future. The two sides will fully implement the strategic common understandings reached between Chinese and African leaders during the Beijing Summit, maintain the momentum of high-level exchanges, and enhance strategic communication and experience-sharing on governance, with a view to elevating China-Africa comprehensive strategic and cooperative partnership.
The two sides will strengthen coordination on policies and mechanisms at the bilateral and multilateral levels. To deliver the follow-up actions of the Beijing Summit, the two sides will further improve policy measures, formulate and advance national plans, and provide policy support for the eight major initiatives and the FOCAC Beijing Action Plan (2019-2021). Both sides will enhance the institution building of FOCAC, continue to make good use of the Chinese Follow-up Committee of FOCAC, and welcome the establishment and improvement of follow-up implementation mechanisms on the African side in the next few years. Together, the two sides will ensure efficient, results-oriented and smooth implementation of the follow-up actions of the Beijing Summit.
The two sides will work for greater synergies in market development, project cooperation and intellectual support. China and Africa will seek greater complementarity among their strengths in finance, technology, equipment, production capacity, human resources, market potential, energy, and natural resources. China will continue to support Africa in building free trade zones, special economic zones and industrial parks, provide assistance in the areas of trade, industrialization, SMEs development, entrepreneurship development, and high-quality data of the digital age, encourage competent and well-qualified Chinese companies to invest in Africa, strengthening partnerships through joint-ventures and cooperation with African private sector, and welcome African companies to invest in China. Both sides will encourage their companies to strengthen project cooperation in accordance with market principles, in pursuit of economic and social benefits, in line with the actual capacity of African countries, and based on clearly-defined responsibilities. Both sides will further promote the exchanges between Governments, legislatures, political parties, young people, women, think tanks and NGOs in order to foster a good environment for China-Africa friendship and cooperation. The Chinese side is ready to increase technological transfer and training, encourage innovation cooperation and regional value chains development, support African countries in cultivating more technical, industrial and management professionals, and promote people-centered and sustainable partnership between China and Africa. Both sides will take the particularity and vulnerability of Small Island Developing States into consideration while implement the outcomes of FOCAC Beijing Summit.
The two sides share the view that China-Africa friendship is built on a solid foundation and growing from strength to strength, that China-Africa cooperation is results-oriented, efficient and fruitful, that FOCAC is running well and setting the pace for international cooperation with Africa, and that nothing could stop the pursuit for win-win cooperation and common development by China and Africa or undermine their determination to stay united in their cooperation.
Both sides welcome continued contribution by the international community to African-led efforts in promoting peace and development in Africa through bilateral, trilateral or multilateral cooperation leveraging the strengths of relevant stakeholders on the basis of equality, mutual benefit and mutual respect.
The African side expresses its appreciation to relevant Chinese authorities for successfully organizing this pragmatic and fruitful Coordinators’ Meeting.
On the occasion of the third African Union – European Union agricultural ministerial conference, African Union and the European Union representatives for the first time endorsed a Political Declaration, accompanied by an action agenda, with the overall aim of further strengthening the Africa-EU partnership in food and farming at all levels.
From climate action to an African-European farmers’ cooperation programme, these actions build on the recommendations put forward by the Task Force Rural Africa back in March 2019, an agri-food and rural agenda for the new ‘Africa-Europe Alliance for Sustainable Investment and Jobs' unveiled by Commission President Jean-Claude Juncker in September 2018.
Commissioner Phil Hogan, European Union Commissioner for Agriculture and Rural Development said: "This Political Declaration represents an historic commitment by both continents to a shared agenda for greater action; building a partnership of equals for developing policies in the areas of food security, climate action, sustainable management of resources, rural job creation, sustainable investment and fair trade. It should be viewed as a very positive step on the path towards a more sustainable and prosperous future for rural communities in Africa and Europe.”
African Union Commission (AUC) Commissioner for Rural Economy and Agriculture Amb. Josefa Sacko said: “I look forward to a stronger AU-EU partnership for revitalizing rural transformation in Africa. This third AU-EU ministers of agriculture conference gives us the impetus and opportunity to advance this agenda”. She noted Africa’s landmark step with the entry into force of the Africa Continental Free Trade Area (AfCFTA) on 30 May 2019.
“I am confident that a re-energized AU-EU collaboration on pertinent issues including robust Sanitary and Phytosanitary Standards (SPS), biotechnology development in the face of climate change will enhance Africa’s trade capacity. This is the digital age and I welcome partnership in using digital solutions in agriculture including research and innovation that address vulnerability to the negative effects of climate to Africa. These ambitions require both public and private investment and I encourage that we all endeavour to work towards, and create conditions for increasing private investments in sustainable agricultural value chains that target youth and women as the future of our continent”, she emphasised.
The Political Declaration is a strong signal reflecting the shift in Africa-Europe relations based on promoting policy dialogue and cooperation as a development tool, bringing the two continents closer at all levels: people to people, business to business and government to government.
These different levels are also reflected in the action agenda, endorsed by all Member States. It includes concrete actions involving cooperation between the two continents in different areas, such as:
• Farmers’ organisations: launch of a multiannual cooperation programme with African continental, regional and national farmer organisations. The programme will focus on farmers’ integration into value chains while strengthening capacities of farmer organisations to influence policies and business environments. It will also contribute to the strengthening of farmer organisations themselves through better governance, accountability and service delivery.
• Sanitary and Phytosanitary (SPS) standards and Food safety: The aim is to strengthen SPS Compliance and food safety governance in Africa and establishing adequate governance structures. This is being implemented mainly through discussions on the support to the implementation and operationalisation of the African Continental Free Trade Area (AfCFTA) Annex on Sanitary and Phytosanitary (SPS) measures.
• Research and innovation:
Three new contracts will be signed today to boost research and innovation under the Development Smart Innovation through Research in Agriculture (DeSIRA) Initiative:
i. A support programme for the Comprehensive Africa Agriculture Development Programme (CAADP) ex-pillar IV African research organisations (FARA, AFAAS, ASARECA, CCARDESA and CORAF), to be signed with IFAD, aimed at transforming agriculture and food systems and influencing policy-making (€30 million EU contribution).
ii. Support for the Tropical Agriculture Platform (TAP), to be signed with the FAO, to implement the TAP Action Plan (€5 million EU contribution).
iii. The One Planet Summit Fellowship Programme, to be signed with Agropolis Foundation (other partners: the Bill and Melinda Gates and BNP Paribas foundations), for African and European scientists working on the challenges of adapting African agriculture to climate change (€3 million EU contribution).
- Geographical Indications (GI): The EU to provide support, through the Pan-African programme, to the implementation of the AU Geographical Indication Strategy for Africa. The continental strategy serves as an instrument for rural development especially for smallholder farmers. It will more specifically launch an Africa GI training programme and an Africa GI web platform, i.e. a database for all African GIs; and will provide support to concrete GI pilot projects.
Effective follow up will commence immediately to ensure long-term implementation of these areas of cooperation.
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