A pan-African free-trade framework established to boost intra-African commerce
Ghana presents itself as a stable, investor-friendly gateway to West Africa and the AfCFTA, stressing political stability, mature institutions, and a young, entrepreneurial workforce. Presidents Mahama emphasises reforms, digitisation, and partnership opportunities, while signaling broader regional opportunities in energy, industry, and the green transition.
Kenya has withdrawn a tariff review application, keeping the current electricity tariff structure in place. The decision follows consultations across government and with stakeholders. EPRA will lead any future review under the Energy Act of 2019, with transparency and public participation guiding the process.
South Africa has announced a set of diplomatic initiatives to address migration, including deploying envoys to engage origin, transit, and destination countries. The talks with Kenya's President Ruto emphasised continental cooperation, economic development, and regional integration as ways to ease migration pressures and boost AfCFTA-driven trade.
Across Africa, governments are prioritising domestic resources to fund infrastructure and social programmes, citing vast pension funds and private savings as untapped assets. Officials say aid reliance is declining, while long-term domestic capital will finance growth. The shift comes as aid falls and debt concerns rise.
A continental push to industrialise the textile and manufacturing sectors is accelerated by investment in long-term funding, high-value processing, and regional value chains. Across Africa, governments and investors are turning cotton, textiles, and infrastructure into job-creating industries to retain value at home.