By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Yes AfricaYes Africa
  • Home
  • Economy
    EconomyShow More
    Nigeria’s fuel imports drop by 54% in Q1 2025
    June 13, 2025
    NUPRC to implement new drill or drop policy
    June 13, 2025
    AFDB to support Africa’s largest solar project with $184 million
    June 13, 2025
    Over 1,500 civil servants have access to affordable consumer credit scheme – Tinubu
    June 12, 2025
    Nigeria ranks third in the top 10 manufacturing countries in Africa
    June 12, 2025
  • Technology
    TechnologyShow More
    Moniepoint get approval to acquire 78% stake in Sumac Microfinance bank
    June 3, 2025
    How mobile money is driving growth in Africa
    May 21, 2025
    Nigeria set to rollout $2bn fibre network in Q4 2025
    May 20, 2025
    Vodacom pursuing joint fibre ventures in Africa broadband push
    May 20, 2025
    China to establish new Electric Vehicle factories in Nigeria
    May 20, 2025
  • Africa Development
    Africa DevelopmentShow More
    Nigeria’s fuel imports drop by 54% in Q1 2025
    June 13, 2025
    NUPRC to implement new drill or drop policy
    June 13, 2025
    AFDB to support Africa’s largest solar project with $184 million
    June 13, 2025
    Over 1,500 civil servants have access to affordable consumer credit scheme – Tinubu
    June 12, 2025
    Nigeria ranks third in the top 10 manufacturing countries in Africa
    June 12, 2025
Search

Archives

  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • November 2024
  • October 2024
  • September 2024
  • August 2024

Categories

  • Africa Development
  • Economy
  • Technology
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2024 YesAfrica Company. All Rights Reserved.
Reading: China grants duty-free access to all African Nations
Share
Sign In
0

No products in the cart.

Notification Show More
Aa
Yes AfricaYes Africa
0
Aa
  • Economy
  • Africa Development
  • Technology
Search
  • Home
  • Technology
  • Africa Development
  • Economy
  • Bookmarks
Have an existing account? Sign In
Follow US
  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Yes Africa > Blog > Africa Development > China grants duty-free access to all African Nations
Africa DevelopmentEconomy

China grants duty-free access to all African Nations

Oluwatobi Adebayo
Last updated: 2025/06/13 at 11:26 AM
Oluwatobi Adebayo
Share
2 Min Read
SHARE

China has announced that all 53 African countries with which it maintains diplomatic ties will now enjoy duty-free access for 100% of tariff lines when exporting to the Chinese market. This development expands on previous preferences limited to least-developed countries (LDCs), and reflects Beijing’s strategy to deepen economic relations with Africa amid ongoing global trade tensions.

Chinese President Xi Jinping made the announcement through a formal letter addressed to African foreign ministers. The policy was confirmed at a recent ministerial meeting in Changsha, Hunan Province, where implementation progress from last year’s Forum on China-Africa Cooperation (FOCAC) summit was reviewed.

This development also comes as the African Growth and Opportunity Act (AGOA) is increasingly uncertain, with over 30 African countries potentially facing removal from its list of eligible beneficiaries. In contrast, China’s inclusive and unconditional offer positions it as a more consistent partner in the eyes of many African governments.

Economists note that this initiative will especially benefit middle-income African nations such as Nigeria, Kenya, South Africa, Egypt, and Morocco—countries with significant capacity for value-added exports. At the same time, China has pledged continued support to LDCs to ensure they are not disadvantaged, offering training programs and marketing assistance to help them compete.

- Advertisement -

China’s exports to Africa surged 12.4% in the first five months of 2025, reaching 963 billion yuan (approximately $134 billion). However, with a trade surplus of $62 billion in its favor, experts like Hannah Ryder of Development Reimagined caution that African nations must boost their own exports to balance trade.

Nigeria’s Foreign Minister, Yusuf Tuggar, emphasized the need for inclusion in emerging technology sectors such as AI and satellite development, signaling a broader African ambition beyond commodities toward industrial modernization.

China’s zero-tariff initiative may mark a turning point in Africa’s global economic partnerships. It could shift the global economic center of gravity as African nations increasingly look East—not just for trade, but for infrastructure, investment, and technological partnerships.

TAGGED: africa, Trending News
Share this Article
Facebook Twitter Copy Link Print
Share
Previous Article Over 1,500 civil servants have access to affordable consumer credit scheme – Tinubu
Next Article AFDB to support Africa’s largest solar project with $184 million
Leave a comment Leave a comment

Leave a Reply Cancel reply

You must be logged in to post a comment.

Stay Connected

Facebook Like
Twitter Follow
Instagram Follow
Youtube Subscribe
- Advertisement -

Latest News

Nigeria’s fuel imports drop by 54% in Q1 2025
Africa Development Economy June 13, 2025
NUPRC to implement new drill or drop policy
Africa Development Economy June 13, 2025
AFDB to support Africa’s largest solar project with $184 million
Africa Development Economy June 13, 2025
Over 1,500 civil servants have access to affordable consumer credit scheme – Tinubu
Africa Development Economy June 12, 2025
//

We influence 20 million users and is the number one business and technology news network on the planet

Yes AfricaYes Africa
Follow US

© 2024 YesAfrica. All Rights Reserved.

  • Privacy Policy
  • Advertise
  • Careers
  • About Us
  • Contact
Welcome Back!

Sign in to your account

Register Lost your password?