Category Archives: Comercio

Kenya’s President Kenyatta inaugurates deep water port in Lamu

Chifre da África, Comercio, Cooperação, Crescimento Econômico, Desenvolvimento, Quênia

Via: Africa News

A new deep-water port at the Kenyan island of Lamu welcomed its first ships Thursday (20/05), launching a potential trade corridor for neighboring countries despite local opposition. The $3 billion Lamu Port is part of an ambitious $23 billion regional transport corridor known as LAPSSET, or the Lamu Port-South Sudan-Ethiopia Transport Corridor, launched nearly a decade ago, in 2012. Kenyan President Uhuru Kenyatta presided over the commissioning ceremony. From the start, the 32-berth port has faced opposition from local businessmen who depend heavily on tourism and fishing, as well as from environmental groups.

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West Africa economy: Leaders push for single currency ECO

África, África Ocidental, CEDEAO, Comercio, Cooperação

Via: Getty Images

West African leaders in Ivory Coast have agreed to roll out a single shared currency. As many as 15 countries in West Africa have agreed to adopt a single currency, called ECO, next year. Experts are divided on the effect it would have on the region’s economy, especially in the eight member states that use the French-backed CFA franc.

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Rwandan lower house ratifies treaty establishing African Continental Free Trade Area

África, Comercio, Ruanda

Via CGTN

Rwanda’s lower house, Chamber of Deputies, on Tuesday unanimously passed a bill approving ratification of the treaty establishing the African Continental Free Trade Area (AfCFTA). The bill also approved ratification of protocol on trade in goods, protocol on trade in services, and protocol on rules and procedures for settlement of disputes which were signed in Kigali, Rwanda, in March 2018. All the 60 lawmakers approved the bill, which will also go to Senate for approval. The treaty will come into effect after it is ratified by 22 countries.

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