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From Capital Markets to Continental Markets: How Home-Grown Finance Can Fuel Intra-African Trade by Nasubila Ng’ambi

Dangote's $5bn pan-African IPO is the first real stress-test of the AfCFTA Investment Protocol — and the Protocol fails it. At 10% equity, the offering is portfolio investment, which the Protocol excludes outright. The infrastructure for continental capital markets is being built faster than the law that's supposed to protect it.

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Africa Must Look Inward: A Case for Strengthening the AfCFTA

In a striking policy move, the United States has imposed a 50% tariff on all imports from Lesotho—despite the country’s status as a least-developed country (LDC) and a longstanding AGOA beneficiary. The decision threatens thousands of jobs in Lesotho’s textile industry, which employs a majority of women and young people. In her latest opinion article, Anele Simon, Acting Secretary General of ICOYACA, explores what this development means for Africa’s trade security and why it underscores the urgent need to strengthen the African Continental Free Trade Area (AfCFTA).

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Recent Posts

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From Capital Markets to Continental Markets: How Home-Grown Finance Can Fuel Intra-African Trade by Nasubila Ng’ambi
July 31, 2026
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ICOYACA Launches Young Experts Network
May 22, 2026
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ICOYACA at the AfCFTA Digital Trade Forum 2025 in Lusaka, Zambia
May 12, 2025

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