Matrix Petroleum founder and CEO talks up AfCFTA prospects

SOUTHERN AFRICA – Diversified United Kingdom-based Metrix Petroleum says the Africa Continental Free Trade Agreement (AfCFTA) presents great opportunities for Africa’s development. Matrix Chief Executive Officer Mr. Malvin Chiwanga said in a statement to the media that their company was already present in South Africa, Zambia and Zimbabwe, and it was now expanding into Namibia and Tanzania through the linkages provided by AfCFTA. “Intra-Africa trade is worrisomely low at the current moment, especially when it comes to oil and gas. The establishment of the African Free Continental Trade Area is a good…

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Dangote Industries to open new trade routes under the AfCTA trade deal

NIGERIA – Dangote Industries Ltd has announced that its cement expansion plan and fertilizer investments will open new trade routes for the company and Nigeria under the African Continental Free Trade Area (AfCFTA) trade deal that kicked off at the beginning of this month. Already, the cement company, despite an installed capacity of 29.3Mta in Nigeria, is targeting an expanded entity in-country and in Cameroon, while new plants will soon be ready for commissioning in Niger, Benin, Ghana, Cote d’Ivoire, and Togo. According to President/Chief Executive, Dangote Industries Ltd, Aliko…

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