Who will host Africa’s new free-trade zone?
Kenya, Ghana, eSwatini, Madagascar and Egypt are all in the race, while Ethiopia and Senegal have pulled out
Nairobi — African leaders will decide on Sunday which nation will host the headquarters for a continental free-trade zone that aims to eventually unite the continent's 1.27-billion people and its $3.4-trillion nominal GDP.
Leaders at the African Union (AU) summit in Niger will also set a date for trading to begin in the African Continental Free Trade Area (AfCFTA), a deal that 52 of the continent's 55 states have signed, although only 25 have ratified it. The bloc aims to ultimately remove trade barriers and tariffs between members...