Namibia launches AfCFTA trade with 1st shipment from Walvis Bay

Namibia has formally commenced trade under the African Continental Free Trade Area (AfCFTA) during a ceremony at the Walvis Bay Salt Warehouse. Hosted by the Ministry of International Relations and Trade, the event celebrated the shipment of Namibia’s first consignment—salt—as it joins the continental initiative designed to liberalize trade among 54 nations.

Executive Director Penda Naanda underscored the importance of the appointment, stating, “This marks the beginning of Namibia’s active participation in the AfCFTA… The African market is now open”. Minister Selma Ashipala-Musavyi delivered the keynote, noting the strategic shift from regional blocs like SACU to the pan-African market valued at over US$3.4 trillion — a market that presents expanded opportunities for Namibian SMEs and exporters.

The post Namibia launches AfCFTA trade with 1st shipment from Walvis Bay first appeared on Future Media News.

The post Namibia launches AfCFTA trade with 1st shipment from Walvis Bay appeared first on Future Media News.