“Associated Battery Manufacturing EA Ltd is the first Kenyan company to start trading under the African Continental Free Trade Area (“AfCFTA”) Agreement, and the first local company to ever export Exide batteries to the Ghanian market”...
#AfCFTA #tradelaw #covidimpact
#AfCFTA #tradelaw #covidimpact
said the Ministry of Industrialisation and Trade in a statement. The Kenyan-made Exide batteries worth KES 9.24 million (USD 77,000) landed in Ghana last week, marking a formal start of preferential trading under the AfCFTA framework.
The consignment by Associated Battery Manufacturing EA Ltd is the clearest indication that Kenya can now access markets in West and Central Africa at preferential rates. [Business Daily article. Read more here bit.ly/3SoNR6q].
As the world’s largest free trade area by number of member states after the World Trade Organisation, the agreement aims to among other things expand intra-Africa trade across the regional economic communities and the continent in general.
On 13th October 2022, we will be having a panel discussion on AfCFTA and its post COVID-19 considerations, where we will highlight the AfCFTA implementation and architecture and the implications of COVID-19 on implementation of AfCFTA among other topics. bit.ly/3R2pj24 
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