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How does the African single market work?

The agreement signed and entered into force on 1 January 2021 and that in fact starts AfCFTA or The African Continental Free Trade Treaty, (in English African Continental Free Trade Agreement, abbreviated AfCFTA is an international treaty regulating the opening of borders and the creation of a free trade area between African member countries.

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Comment fonctionne le marché unique africain ?

L'accord qui a été signé et qui est entré en vigueur le 1er janvier 2021 et qui commence en fait AfCFTA, ou African Continental Free Trade Agreement, en abrégé AfCFTA est un traité international qui réglemente l'ouverture des frontières et la création d'une zone de libre-échange entre les pays membres africains.

En juillet 2019, il y avait 54 signataires. Le seul État africain qui n'a ni signé ni ratifié l'accord est l'Érythrée.

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Why invest in Africa in 2021?

Because the world's largest single market for investment has opened up!!!

 

On 1 January 2021, the world's largest single market opened, and the African customs union was formalised, so investing in this new market that quietly opened in 2020 as the African single market means not only making investments for an immediate economic return, but also occupying a dominant strategic position in a market that has yet to be developed.

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Welcome to Kribi - Kribi the Mermaid City

Welcome to a first-class seaside town, second to none, with its beautiful sandy beaches.

 

Kribi is the headquarters of the Ocean Division (Cameroon is divided into zones or divisions), in the southern region of Cameroon. About 6 km from the centre, the first image you get is an endless expanse of water.

This is the introduction to the hottest beach town in Cameroon, a tourist site popular with many African and European (French) tourists.

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WEST AFRICA - GOMA - Ambassador Luca Attanasio dead in Congo with a Carabiniere

WEST AFRICA- GOMA - DR Congo - On the border with Rwanda in a shootout died in an ambush Italian Ambassador Luca Attanasio. A carabiniere escort Vittorio Iacovacci also died with him; they were travelling with a UN convoy when they were attacked and killed. The border area with Rwanda is still a very dangerous zone.

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Italia 90 - Cameroon wins over Maradona's Argentina

On 8 June 30 years ago, the Indomitable Lions of Cameroon beat the world champions Argentina in the opening match of Italia 90. It was the start of a splendid run that was interrupted in the quarter-finals, against England

 

In 1990, Valery Nepomnyy brought the Cameroon National Team to the quarter-finals of the World Cup in Italy. Our coach was also invited after the first game, when Cameroon beat Argentina with the legendary Maradona in the composition.

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KRIBI PORT MANAGEMENT CONCESSION AWARDED

A new concession contract was signed for the development, operation and maintenance of the Kribi Multipurpose Terminal (KMT) in Cameroon.

Concession awarded for the management of Kribi Port - It will be the Filipinos of the International Container Terminal Services (ICTSI) to manage for the next 25 years port operations at the multi-functional terminal at the port of Kribi in Cameroon.

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Construction starts on two 25 MW solar power plants in northern Cameroon

Investing in energy in Africa - FCFA 14 billion allocated for the construction of two solar power plants in the far north

With a capacity of 25 MW, these two facilities, scheduled for delivery in 2020, will be built in Guider and Maroua respectively.

Energy of Cameroon (Eneo) and a consortium of developers consisting of Scater Solar and Izuba Energy Sphinx Energy signed a memorandum of understanding for the construction of two solar photovoltaic plants.

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The autonomous port of Kribi on trade mission in the Central African Republic

Autonomous Port of Kribi in Central African Republic Trade Mission

Business in Central Africa - Cameroon - A delegation from the Autonomous Port of Kribi (PAK), in southern Cameroon, recently went to Bangui, Capital of the Central African Republic (CAR), to meet with the Central African Shippers Council (CCAC).

During two days, the PAK informs, the two sides exchanged views on a number of issues of common interest. At the end of the work, four consensual areas of cooperation were identified:

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Beac expects prices of metals and agricultural products exported from CEMAC countries to increase in 2020

Beac expects prices of metals and agricultural products exported from CEMAC countries to increase in 2020

(Invest in Cameroon) - According to the latest report on the increase in prices of commodities exported from CEMAC countries (CameroonGabon, Congo, Chad, CAR and Equatorial Guinea) ". , the prices of metals and agricultural products in the future are bound to fluctuate in the market " as seen during Q2 2019, before " increasing again in 2020 ".

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