Africa's Biggest Economy Archives

AfCFTA – WORLD’S BIGGEST SINGLE MARKET IN AFRICA

Posted on February 4, 2019February 4, 2019 by Gambeta News

Ethiopia becomes 18th country to ratify the African Continental Free Trade Area (AfCFTA). This comes ahead of the 32 Ordinary Session of the Assembly of the African Union. Which will hold on the 10 – 11 of February 2019 in Addis Ababa, Ethiopia. African Continental Free Trade Area (AfCFTA) is an initiative launched on March 21, 2018 by the assembly of the African Union. This launching was at the extraordinary Summit in Kigali, Rwanda. The…

PRIVATE SECTOR IS THE FUTURE OF NIGERIA

Posted on December 29, 2018December 29, 2018 by Gambeta News

It has been estimated and even the government affirmed it in its Economic Recovery and Growth Plan (ERGP) that for Nigeria to close its infrastructure gap and bring itself up to the international benchmark for infrastructure stock, it needs to spend as much as $3 trillion in the next 30 years and majority of this money is expected to come from the private sector. As in many other growth and development indices, Nigeria lags behind…