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EVOLUTION OF INTRA-AFRICAN TRADE

The 29th edition of the Afreximbank Annual Meeting which took place on 17 and 18 June 2022 in New Cairo, Egypt, brought together a number of participants from across Africa and the world. The meeting revealed encouraging statistics on intra-African trade since the implementation of the African Continental Free Trade Area (AfCFTA).

On the whole, the official 2022 trade report shows significant progress with an increase of 31% in 2021 compared to 16% in 2020. A detailed... Read more

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TRADE IN AFRICA

A book titled "Africa in the New Trade Environment: Market Access in Troubled Times", jointly authored by Messrs. Souleymanou Coulibaly, Woubet Kassa and Albert Zeufack, all senior executives at the World Bank was presented to the public on Tuesday, 1 March 2022. 

The grandeur of the book signing ceremony was further enhanced by the presence of Cameroon's Minister of Economy, Alamine Ousmane Mey, his Congolese counterpart Ingrid Eboucka Babackas, the... Read more

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AMENDMENTS APPLICABLE SINCE 1st JANUARY 2022

HS 2022 is the 7th edition of the Harmonised Commodity Description and Coding System, following the entry into force of the International Convention on 1 January 1988. The new edition makes some major changes to the Harmonized System with a total of 351 sets of amendments covering a wide range of goods moving across borders. Some of the key changes concern:

  • Electrical and electronic waste, commonly referred to as e-waste; 
  • Novel tobacco and nicotine products;
  • Unmanned... Read more
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CNSC launches construction third trucker accommodation centre

The Minister of Transport, Mr. Jean Ernest Massena Ngalle Bibehe, on 19 March 2021 presided over the Ngoulentang Trucker Accommodation foundation stone-laying ceremony in Ngoulentang, Nyong and Mfoumou, Division of the Centre Region. The ceremony was attended by the Minister Delegate at the Presidency of the Republic in charge of Defence, Mr. Joseph Beti Assomo who doubles as Board Chair of the Cameroon National Shippers’ Council (CNSC), project owner.

In his official opening address,... Read more

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