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Since December 1, 2024, China applies zero tariffs on all imports from 33 African least developed countries, significantly reducing trade costs and improving market access.
Since December 1, 2024, China applies zero tariffs on all imports from 33 African least developed countries, significantly reducing trade costs and improving market access.
The African Continental Free Trade Area's Guided Trade Initiative has grown from 7 countries to 37, with South Africa and Nigeria joining the approved exporters club.
Over 30 African countries requiring ECTN certificates have moved to fully online application processes through authorized agents, reducing processing times to 24-72 hours.
The new 400kV transmission line connecting Kenya and Tanzania enables cross-border electricity trade, with Kenya transmitting 50MW from Ethiopia to Tanzania in June 2025.
Kenya, Rwanda, and Ghana lead continental push toward digital customs platforms, with single window systems and automated procedures reducing clearance times by up to 70%.
Bilateral trade between China and Africa grew 4.8% year-on-year, with China removing tariffs on 98% of products from 21 African countries including Ethiopia, Guinea, and Rwanda.
The Pan-African Payment and Settlement System facilitates cross-border payments in local currencies, reducing costs associated with currency exchange for African traders.
November 2024 preliminary trade data shows exports of R180.9 billion and imports of R146.2 billion, marking significant improvement in trade balance.
Electronic Cargo Tracking Notes are now mandatory for imports to 30 African nations. Penalties include fines up to 200% of certificate value and cargo clearance delays.
Rwanda has diversified its AfCFTA shipments to Ghana to include packaged coffee, tea, avocado oil, and honey, demonstrating growing intra-African trade.
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