PETER LEON: Economic nationalism in Africa’s giants holds back free trade
SA, Nigeria and Egypt have not signed up to crucial aspects of the African Continental Free Trade Area
A significant milestone has been reached in the economic integration of Africa with the creation of the African Continental Free Trade Area (AfCFTA).
Opened for adoption at the AU summit in Kigali in March 2018, the agreement establishing the AfCFTA has been signed by 54 of the 55 AU member states and ratified by 28, including major economies such as Egypt, Ghana, Kenya and SA. It entered into force in May 2019...