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A November 2025 RMB white paper titled Continent at a Crossroads has warned that Africa is entering a decisive decade. The choices governments, firms, and regional blocs make will determine whether the continent turns its advantages into broad prosperity or falls back into familiar traps. The study is grounded in 47 leadership interviews and a survey of more than 2,300 respondents. It frames Africa’s outlook through nine linked forces, from governance and integration to demographics, technology, and geopolitics. The paper’s most consistent finding is that governance is the single biggest constraint on Africa’s economic transformation. Interviewees repeatedly point to weak…
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As Uganda heads into another electoral cycle, the National Resistance Movement (NRM) has unveiled its 2026–2031 Manifesto, branding it a programme for “consolidating socio-economic transformation.” The document doubles as both a balance sheet of what the party says it has delivered since 1986 and a forward-looking plan for the next five years. At its heart, the manifesto sets out a vision of industrial growth, agricultural modernisation, financial inclusion, and digital innovation. It also places heavy emphasis on stability, infrastructure, and regional trade. It frames these as foundations on which Uganda’s next phase of transformation will stand. The economic broad vision…
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It has been reported that the Rules of Origin (the “RO”), set forth in Annex 2 of the African Continental Free Trade Area Agreement (the “AfCFTA” and “Treaty,” respectively) and the accompanying Appendix IV constituting the tariff schedule (“Appendix IV”), are close to finalisation, bringing the trade pact’s signatory states a step closer to commercially meaningful trade. The Rules of Origin provide a framework for identifying products or components that are eligible for preferential market access. Under the Treaty, up to 97% of tariff lines are eligible for a gradual phase-out of customs duties. An eligible item that is wholly…
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At the margins of the 41st Ordinary Session of the Executive Council of the African Union in Lusaka, Zambia, the African Continental Free Trade Area (AfCFTA) Secretariat and Equity Group signed a Memorandum of Understanding (MoU) to deepen the economic integration of the African continent. The partnership seeks to implement the AfCFTA Agreement and the AfCFTA Private Sector Strategy through the `Africa Recovery and Resilience Plan’, which focuses on acceleration of economic recovery and resilience in Africa, in a post-COVID 19 environment. The initiative is designed to showcase a framework for socio-economic transformation for the people of the African continent…
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By Yoweri K. Museveni In Uganda, schools recently reopened to face-to-face teaching for the first time in 24 months. Buying time through various forms of lockdown, the vaccines we need to safely reopen have begun to arrive in recent months and we are on our back to the mend and to the growth that has been constricted by the Covid-19 pandemic. Amongst others, credit is due to the African Union (AU) securing the doses for equitable distribution across the continent. It means today twenty percent of Uganda’s 46 million population – the majority of adults – have at least one…
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By NJ AyukSpeaking at the International Petroleum (IP) Week on February 25, 2021, I commended Nigeria for its efforts in driving gas monetization, but we have to be clear that our industry and hardworking people remain frustrated by the delays and inability to pass and sign the Petroleum Industry Bill. There needs to be that fierce sense of urgency of now especially in the era of the energy transition. The Petroleum Industry Bill (PIB) needs to be passed as it allows energy companies to turn their attention to producing energy that drives our economies.It will allow politicians to focus on…
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By Centurion Lawyers and Business Advisors January 1st, 2021 marked the start of trading under the African Continental Free Trade Area (AfCFTA) agreement. In ratifying the agreement, 34 African countries have created the largest free trade zone in the world by country participation. This is a historic point for the continent, it is the beginning of what is hoped will, at the very least, form a workable framework for a modern African economy. An African economy that will allow free movement of labor and goods within member States – a drastic change from the current siloed economic structures, and…
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The agreement establishing Africa as one trading block came into force in 2019, setting January 1, 2021 as the date trading within the African Continental Free Trade Area (AfCFTA) would start. By December 5th, 34 countries on the continent had ratified the agreement – a consent to be bound by the provisions of the pact, which shows a country’s readiness to implement it.The AfCFTA went live on January 1, seconded by all the 54 countries of the continent, seeking the integration of all the countries on the continent, allowing free movement of goods across the borders. This will involve the removal of…
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