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AU Summit hails China's landmark zero-tariff policy as "win-win" for Africa

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AU Summit hails China's landmark zero-tariff policy as "win-win" for Africa

2026-02-16 15:48 Last Updated At:02-17 13:01

African leaders at the recently-concluded 39th African Union (AU) Summit hailed China's landmark zero-tariff policy for 53 partner nations as a "win-win situation" that could accelerate continental trade and development.

Chinese President Xi Jinping sent a congratulatory message to the summit, in which Xi announced that China will fully implement zero-tariff treatment for 53 African countries having diplomatic relations with China starting from May 1, 2026. He also highlighted efforts to upgrade the "green channel" for African exports.

The announcement drew strong endorsements from senior AU representatives, who underscored China's role as Africa's largest investor and a critical trade partner.

"China is a very important trading partner to Africa and also a huge investor in Africa, especially critical areas like infrastructure. So we welcome that and I think this will also hopefully encourage other partners of Africa to also introduce zero tariff for African products," said Nuur Mohamud Sheekh, spokesperson for the AU Commission Chairperson.

Other voices at the summit stressed the broader significance of China's engagement with Africa, pointing to its role in infrastructure and the Belt and Road Initiative.

"The Chinese relationship with Africa is very strong and the Chinese presence in the continent on all levels, especially with the Belt and Road Initiative, with the infrastructure development of Africa is making a difference to us on the continent. Having the zero tariff is like a great stride because now if we see what China has announced, together with the AfCFTA (African Continental Free Trade Area), that will make a huge difference for the African development, and this is what we're talking about. It's a win-win situation," said Ambassador Namira Negm, director of the African Migration Observatory.

The 39th Ordinary Session of the Assembly of Heads of State and Government of the African Union (AU) opened Saturday at the AU headquarters in Addis Ababa, the capital of Ethiopia.

During the two-day summit, African leaders focused their discussions on pressing issues including peace and security challenges on the continent, the AU's institutional reforms, participation in the G20, and implementation of Agenda 2063 at an accelerated pace.

In a closing press conference, AU Commission Chairperson Mahmoud Ali Youssouf reiterated a zero-tolerance stance against unconstitutional changes of government and emphasized the AU's commitment to its flagship initiative, "Silencing the Guns."

AU Summit hails China's landmark zero-tariff policy as "win-win" for Africa

AU Summit hails China's landmark zero-tariff policy as "win-win" for Africa

African officials on Wednesday pledged to scale up investment to accelerate development across the member states of the Economic Community of West African States (ECOWAS) at a meeting in Accra, Ghana's capital.

They made the commitment during the 24th Annual General Meeting of the ECOWAS Bank for Investment and Development (EBID), where leaders highlighted the need to expand the bank's capital base to finance transformative projects.

Ghanaian Finance Minister Cassiel Ato Forson stressed that timely capital payments would strengthen EBID's leverage and sustain its growth, enabling the institution to stimulate inclusive economic expansion across the region.

"Timely capital payments are critical. It strengthens EBID leverage and sustains its growth and impact across our region. Expanding our capital base is essential to strengthen our ability to finance transformative development projects and stimulate inclusive economic growth among our member states," said Forson.

EBID recorded strong achievements in 2025, with total disbursements of about 722 million U.S. dollars, up 47.7 percent from 2024. Building on that momentum, President George Agyekum Donkor said the bank remains committed to helping member states tackle poverty and close infrastructure gaps across the region.

"We aim to direct at least 63 percent of new commitments towards the private enterprises to catalyze job creation and innovation. Simultaneously, the bank would embed environmental, social and governance principles across its operations, dedicating over 41 percent of resources to climate mitigation and social inclusion projects," said Donkor.

With disbursements surging nearly 48 percent last year, EBID officials said the bank is positioned to channel more resources into private-sector growth and climate-focused projects, reinforcing its role as a driver of inclusive development across West Africa.

African officials vow stronger investment push at ECOWAS bank meeting in Accra

African officials vow stronger investment push at ECOWAS bank meeting in Accra

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