• About Us
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Editorial Charter
  • Corrections Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home Economy

China to scrap tariffs for most African nations from May 1 – Xi Jinping

Quadri Olaitan by Quadri Olaitan
February 14, 2026
in Economy
0 0
0
Xi Jinping
0
SHARES

Xi Jinping zero-tariff policy for Africa begins May 1, extending duty-free access to 53 nations and reshaping China-Africa trade ties

President Xi Jinping announced on Saturday that Beijing will implement a sweeping zero-tariff policy for nearly all African countries from May 1, marking a significant shift in China-Africa trade relations.

Also read: Nigeria and China strengthen bilateral ties in strategic meeting

According to Chinese state media, the move will remove import duties for 53 African nations with diplomatic ties to Beijing, leaving only Eswatini excluded because of its formal relations with Taiwan.

China already grants tariff-free access to 33 African countries. Last year, Beijing pledged to extend the concession across the continent, consolidating its position as Africa’s largest trading partner.

The policy, described by Chinese officials as a powerful boost to African exports, comes amid intensifying global trade tensions.

perfect aesthetic dental clinic perfect aesthetic dental clinic perfect aesthetic dental clinic

Many African governments have sought to diversify their economic partnerships after Donald Trump imposed steep tariffs worldwide last year, unsettling established supply chains.

President Xi said the zero-tariff arrangement “will undoubtedly provide new opportunities for African development,” announcing the implementation date as leaders gathered in Addis Ababa for the annual summit of the African Union.

From May 1, African exporters will benefit from duty-free access to the Chinese market, a development analysts say could bolster sectors ranging from agriculture to manufacturing.

The initiative deepens Beijing’s economic footprint on the continent, where China finances and constructs major infrastructure projects under the Belt and Road Initiative.

Eswatini remains the sole exception. The southern African kingdom maintains diplomatic recognition of Taiwan, the self-governed island that Beijing considers part of its territory. China has long insisted that countries seeking full diplomatic relations must sever ties with Taipei.

The Xi Jinping zero-tariff policy for Africa is expected to reinforce China’s strategic and commercial influence across the continent at a time when global trade alignments are undergoing rapid change.

Also read: Chen Zhi extradited to China over $75B crypto scam

For African leaders attending the summit, the announcement provided a timely and potentially transformative economic incentive.

Quadri Olaitan
Quadri Olaitan

Quadri Olaitan is a journalist and contributor to Freelanews.com, covering news, public affairs, and human-interest stories.

Related Posts

Togo
Economy

Togo seeks increased electricity imports from Nigeria

by Quadri Olaitan
March 15, 2026
Sanwo-Olu
Economy

Sanwo-Olu praises Tinubu over landmark green line approval

by Victory Emmanuel
May 1, 2026
Food Insecurity in Nigeria
Economy

Escalating Food Insecurity Crisis: 33 Million Nigerians Face Acute Hunger in 2025 Amid Economic Woes and Conflict

by AbdulBasit Saba
October 7, 2025
Dangote
Economy

Dangote Refinery cuts petrol price after relief move

by Victory Emmanuel
June 16, 2026
CBN
Economy

CBN tight policy slows credit growth, analysts warn

by Victory Emmanuel
May 26, 2026

Leave a ReplyCancel reply

ADVERTISEMENT

Recent News

midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
  • Trending
  • Comments
  • Latest
N250k signature

Abiodun vs Amosun: N250k signature plot deepens Ogun political crisis ahead Tinubu visit

April 3, 2026
Omoge Saida

Omoge Saida sparks Nigerian social media over leaked video

October 28, 2025
james akaie

Nollywood SFX makeup artist James Akaie allegedly dies after explosion on Abeokuta movie set

January 13, 2026
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

19
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

11
Meran Primary Health Centre Lagos father Meran hospital

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

4
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

3
midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
June 2026
SMTWTFS
 123456
78910111213
14151617181920
21222324252627
282930 
« May    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Today’s Popular

  • DSC01136 2 scaled

    Rotary Club of Ikoyi Metro wins global Rotary award after N150m hospital upgrade

    0 shares
    Share 0 Tweet 0
  • “What’s your name? What’s your rank?” Rivers CP challenges officers blocking highway in viral video

    0 shares
    Share 0 Tweet 0
  • First Bank MD Alebiosu receives threatening envelope with bullets

    0 shares
    Share 0 Tweet 0
  • Cubana Chief Priest tells Arise TV to host DNA test for Hellen Ati, her alleged son

    0 shares
    Share 0 Tweet 0

Just Published!

midlife

Women embrace wild midlife retreats for stress relief

June 23, 2026
Louisiana

New Orleans man, 23, becomes first in Louisiana cured of sickle cell disease

June 23, 2026
Oshodi

Lagos shuts Oshodi market after violent trader attack

June 23, 2026
SEC

SEC cracks down on Dangote Refinery IPO promotions

June 23, 2026
kidnap

Woman admits faking kidnap over N4m debt in Edo

June 23, 2026
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Editorial Charter
  • Corrections Policy
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.