Kenyan MPs are currently debating a Bill to ratify the African Continental Free Trade Agreement (AfCFTA), a landmark trade treaty that was signed by 44 African countries in Kigali, Rwanda, in March. Like Kenya, several other African countries are also fast-tracking the process of ratifying the treaty, indicating that the political will needed to successfully implement the agreement exists. This is encouraging. Once in force, AfCFTA will create a single $3-trillion trade zone that will provide firms with duty-free access to 1.2-billion people across the continent. The agreement is seen as a critical step in boosting intra-African trade, investment, industrialisation and regional integration. Even more importantly, this landmark agreement will go a long way in creating an enabling environment for the critical need for accelerated job creation across the continent. However, AfCFTA requires the right set of policies to be successful. A policy framework that clearly supports open markets...

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