Zero-tariff: China-Africa trade reaches $207 billion in six months – Ambassador

China has announced that its zero-tariff argumentation for African nations is already enhancing commercialized and whitethorn further accelerate Nigeria’s concern development.

Chinese Ambassador to Nigeria, Yu Dunhai, made the connection connected Friday during a seminar titled ‘China’s Zero-Tariff Measures and Africa’s Economic Structural Transformation’ held successful Abuja.

Ambassador Yu noted that Chinese President Xi Jinping declared connected February 14 that starting May 1, 2026, China would instrumentality zero-tariff attraction for each 53 African countries that support diplomatic relations with China.

Yu addressed stakeholders from diplomatic and governmental sectors who convened for a high-level seminar connected “China’s Zero-Tariff Measures and Africa’s Economic Structural Transformation.”

The seminar underscored the archetypal economical effects of China’s zero-tariff argumentation portion emphasizing Nigeria’s strategical modulation from exporting earthy materials to fostering section manufacturing and concern processing.

In his keynote address, Ambassador Yu revealed that commercialized betwixt China and Africa reached an unprecedented $207 cardinal successful the archetypal fractional of 2026, pursuing President Xi Jinping’s argumentation granting zero-tariff attraction to 53 African nations with diplomatic ties to Beijing.

Ambassador Yu further state...