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tralac’s Daily News Selection  (2018-01-17)
The African Development Bank launches the 2018 edition of its yearly flagship report, the African Economic Outlook, today at its headquarters in Abidjan. To facilitate advocacy and policy dialogue, the 2018 AEO has been shortened to a maximum of...


African Development Bank launches the 2018 edition of the African Economic Outlook  (2018-01-17)
Flagship report highlights state of socio-economic performance, outlook and progress in 54 African countries The African Development Bank launched the 2018 edition of its yearly flagship report, the African Economic Outlook (AEO), on Wednesday,...


Mahamat calls for urgency in self-financing of African Union  (2018-01-15)
Moussa Faki Mahamat, African Union Commission Chairperson, has reiterated the need for financing the African Union agenda if the regional body is to become self-sustainable to guide the continent’s transformation. He was speaking at the opening...


Continental Free Trade Area to boost domestic tax collections – AU official  (2018-01-15)
Six years ago, African leaders decided to establish the Continental Free Trade Area (CFTA), a flagship project of the African Union’s (AU) Agenda 2063 aiming to fast-track the continent’s economic growth and development by creating one gigantic...


Rwanda Economic Update: Rethinking urbanization  (2018-01-12)
From demographic transition to economic transformation Rwanda’s growth slowed from mid-2016 to mid-2017, bottoming out at 3.4 percent, but is expected to recover to 5.2 percent for the second half of 2017, and may well accelerate in 2018 and 2019...


President Kenyatta on official visit to South Africa for talks with President Zuma  (2018-01-12)
President Uhuru Kenyatta on 11 January, 2018 traveled to South Africa on a three-day official visit that will see him hold talks with President Jacob Zuma to boost cooperation in a wide range of areas including trade, security and infrastructure...


Africa on the runway to seamless airspace  (2018-01-11)
The dream of achieving low airfare in Africa may soon be realised should the African Union’s plans run full course. The bloc expects to launch its Single African Air Transport Market at the end of this month in Ethiopia. According to the AU, 23...


Inner-African development goals instead of inner-African borders  (2018-01-11)
During the AU-EU Summit, the Commission outlined plans for its future development policy. However, it remains open how it intends to ensure that the European Development Goals in the future are not primarily a reward for migration control...


Finance ministers to discuss progress on African Union self-financing  (2018-01-11)
The African Union Commission in collaboration with Rwanda’s Ministry of Finance and Economic Planning has organized a meeting of the Committee of Ten Ministers of Finance (F10) responsible for the Financing of the African Union, according to a...


More mega-ships are a big problem for cargo carriers  (2018-01-10)
Container shipping companies are bracing for a challenging year – they will have more space available for carrying goods than the amount of cargo that’s out there. Corrine Png, chief executive officer of research firm Crucial Perspective,...


Mozambique Economic Update: Making the most of demographic change  (2018-01-10)
Mozambique is shifting to a period of slowing growth and increasing concentration. A stronger fiscal policy response and increased transparency are key for recovery, says a new World Bank report. The second half of 2017 indicates the slowdown in...


Global economy to edge up to 3.1 percent in 2018 but future potential growth a concern  (2018-01-10)
Current slack in global economy expected to fade The World Bank forecasts global economic growth to edge up to 3.1 percent in 2018 after a much stronger-than-expected 2017, as the recovery in investment, manufacturing, and trade continues, and as...


IMF Executive Board 2017 Article IV Consultation with Benin  (2018-01-09)
On December 1, 2017, the Executive Board of the International Monetary Fund concluded the Article IV Consultation with Benin. Benin has shown mixed macroeconomic performance in 2016, with the economy weathering negative spillover stemming from a...


The role of trade policies in building regional value chains – some preliminary evidence from Africa  (2018-01-09)
Regional value chains (RVCs) are considered as an important step towards greater integration into global value chains (GVCs), but African countries trade very little value added with each other. Trade in value added within the region is still...


China’s impacts on SSA through the lens of growth and exports  (2018-01-09)
The International Monetary Fund (IMF) points out three identified spillover channels through which China may influence the world economy: trade, external financing and commodity prices. This paper specifically quantifies China’s impacts on 44...


South Africa Merchandise Trade Statistics for November 2017  (2018-01-08)
South Africa records largest trade surplus in 18 months in November 2017 South Africa’s trade surplus increased to R13.02 billion in November of 2017 from a downwardly revised R4.34 billion in October, and well above market expectations of a R1.3...


The task at hand as Kagame takes over African Union Chair  (2018-01-08)
The 29th Ordinary Session of the Assembly of the African Union (AU) held in Addis Ababa, Ethiopia in July 2017, elected Rwanda to lead the Union for a period of one year, in 2018. The 30th Ordinary Session of the Assembly of the Heads of State and...


Sound domestic policies are key to unlocking the benefits of international banking  (2018-01-08)
Ten years ago, the worst financial crisis in decades roiled developing economies across the globe, temporarily halting their progress in the fight against extreme poverty. As the world economy slowly recovered, a backlash against globalization led...


Developing countries should continue trade-easing reforms in wake of WTO deal  (2018-01-08)
The Trade Facilitation Agreement (TFA) commits World Trade Organization (WTO) members to streamlining cross-border trade, but reforms can go further, an UNCTAD report says. New UNCTAD research reveals how nearly 60 countries have prepared the...


Africa’s first digital free trade area for rollout in 2018  (2018-01-08)
Businesses within the Common Market for Eastern and Southern Africa (Comesa) could save up to $450 million in clearance documentation once the bloc adopts blockchain technology for clearing imports. Comesa is looking to roll out a digital free...




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