Intra-African free trade deal success hinges on implementation and speed of execution
Under a new agreement, intra-Africa trade should grow to 53% by the mid-2020s, contributing $70bn to the continent’s GDP
The recently signed African Continental Free Trade Area agreement (AfCFTA), which came into force on May 30, represents a unique opportunity to grow intra-Africa trade and diversify trade exports with the rest of the world.
The agreement establishing AfCTA is not only creating the biggest trade agreement since the World Trade Organisation was established in 1994, but is also the most significant step towards economic integration which has already been achieved in other regions in Africa...
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