Litigation, Insights

AFCFTA – Remarkable Feat on the Negotiations on Rules of Origin and the Introduction of a Payment Gateway

At the 8th meeting of AfCFTA Council of Ministers convened in Accra from 28-29 January 2022, some remarkable progress was recorded with regard to the implementation of AfCFTA (“AfCFTA, free trade pact”). Key take-home were:
• The addition of 850 products to existing products with agreed rules of origin;
• The launch of the Pan African Payments and Settlement Systems.

Rules of Origin and Product listing
Rules of Origin are laws, regulations and administrative procedures crucial to the determination of the national origin of a product…

 

 

To read the full article, kindly download the PDF

Oluchi Nwaizim

Senior Associate

Tolulope Oguntade

Senior Associate

Practice Key Contacts

More To Read

14/10/2026
An Overview of Arbitral Process in Nigeria: A Practical Guide from Commencement to Award

INTRODUCTION When parties choose arbitration, they are not merely opting for an alternative to litigation but for a dispute resolution mechanism founded on party autonomy,

12/10/2026
EXPANDING ACCESS TO NIGERIA’S UPSTREAM SECTOR: NUPRC LAUNCHES 2026 LICENSING ROUND

Dear Readers, The Nigerian Upstream Petroleum Regulatory Commission (“NUPRC” or the “Commission”) has formally launched the 2026 Licensing Round, offering 40 oil and gas blocks