African Continental Free Trade Agreement
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How can technology accelerate the AfCFTA (African Continental Free Trade Area)?
How can technology accelerate the AfCFTA (African Continental Free Trade Area)?
What is the AfCFTA?2018 marked the advent of the African Continental Free Trade Area (AfCFTA) – a free trade area with the sole purpose of promoting inter-African trade between its 55 member countries (44 ratified). Through this, the social mobility of countless Africans will be increased, placing Africa as a global economic power. Using the metric of member participation, the AfCFTA agreement can be described as the largest free trade area in the world. Resulting in an agreement that will link 1.3 billion Africans in this region and by 2035, potentially lift 30 million people out of extreme poverty.
The AfCFTA is a strategic long-term plan to increase growth, trade, employment and reduce the extreme poverty faced on the African continent. T