FG pushes for freer movements to boost trade in Africa
Summarized and contextualized by DistantNews.
At a glance
- Nigeria is intensifying efforts to promote freer movement across Africa to boost trade and implement the African Continental Free Trade Area (AfCFTA).
- The Minister of Industry, Trade and Investment, Dr. Jumoke Oduwole, stated that removing barriers to mobility is crucial for unlocking AfCFTA opportunities.
- Efforts include engaging with regional bodies, advocating for simplified visa procedures, and addressing trade barriers through digital trade protocols and improved customs cooperation.
Nigeria is actively working to enhance freer movement across Africa, a key initiative aimed at stimulating trade, investment, and the successful implementation of the African Continental Free Trade Area (AfCFTA). Dr. Jumoke Oduwole, Nigeria's Minister of Industry, Trade and Investment, emphasized that trade cannot flourish amidst restrictions on the movement of entrepreneurs and investors.
trade could not thrive where entrepreneurs and investors faced movement restrictions, adding that easier movement of people, goods and investments remained crucial to unlocking opportunities under the AfCFTA.
Speaking after the Biashara Afrika 2026 Forum in Togo, Oduwole highlighted that the easier movement of people, goods, and investments is fundamental to realizing the potential of the AfCFTA. Nigeria, alongside other African nations, has reaffirmed its commitment to facilitating the free movement of people, services, and investments across the continent. While visa policies remain sovereign decisions, there is growing support for business-friendly travel arrangements throughout Africa.
mobility remains critical to the success of the AfCFTA, adding that Nigeria joined other African countries in reaffirming commitment to free movement of people, services and investments.
The minister commended Togo for its commitment to removing visa requirements for African travelers, viewing it as a step aligned with the AfCFTA's goals of deepening regional integration and expanding intra-African trade. Rwanda's progressive visa policy was also praised for its positive impact on business travel, tourism, and regional investment.
The minister said that visa policies remained the responsibility of individual countries, but noted the growing support for business-friendly travel across Africa.
Nigeria is engaging through various channels, including the AfCFTA Secretariat and the African Union, to promote simplified visa procedures and mutual recognition of business travel documentation. The country is also addressing trade barriers by focusing on the AfCFTA Digital Trade Protocol and enhancing customs cooperation. These measures, along with improved transport connectivity and logistics, are expected to reduce business costs across African borders, ultimately fostering economic growth, creating jobs, and expanding market access, particularly for SMEs and women-led businesses.
freer movement would create opportunities for trade, investment, jobs and economic growth across Africa.
Originally published by The Punch. Summarized and contextualized by our editorial team with added local perspective. Read our editorial standards.