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Customs, Afreximbank forge fresh alliance to unlock Africa’s $3.4tn market
NG🏛️ Politics4 hr. ago

Customs, Afreximbank forge fresh alliance to unlock Africa’s $3.4tn market

The Nigeria Customs Service has strengthened its partnership with the African Export-Import Bank (Afreximbank) to enhance intra-African trade and support the implementation of the African Continental Free Trade Area (AfCFTA). During a recent meeting between Afreximbank's president, Dr. George Elombi, and the head of Nigeria Customs, Adewale Adeniyi, discussions focused on improving customs procedures, streamlining cross-border trade, and developing one-stop border posts. Adeniyi emphasized that Africa's economic growth should come from internal trade rather than reliance on external markets. The collaboration aims to increase efficiency, reduce costs, and improve coordination among customs authorities across the continent.

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The Punch logoThe PunchIndependentCenter4 hr. ago
Customs, Afreximbank forge fresh alliance to unlock Africa’s $3.4tn market

The Nigeria Customs Service has strengthened its partnership with the African Export-Import Bank (Afreximbank) to enhance intra-African trade and support the implementation of the African Continental Free Trade Area (AfCFTA). During a recent meeting between Afreximbank's president, Dr. George Elombi, and the head of Nigeria Customs, Adewale Adeniyi, discussions focused on improving customs procedures, streamlining cross-border trade, and developing one-stop border posts. Adeniyi emphasized that Africa's economic growth should come from internal trade rather than reliance on external markets. The collaboration aims to increase efficiency, reduce costs, and improve coordination among customs authorities across the continent.

Bias read (Center): The article presents a factual account of a partnership between Nigerian customs authorities and Afreximbank aimed at promoting intra-African trade under the AfCFTA framework. There is no overtly biased language, one-sided sourcing, or editorializing. The focus is on policy collaboration and trade,

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