The continental flagship project under the African Union’s Agenda 2063, the African Continental Free Trade Area (AfCFTA), is envisioned to transform Africa into a global economic powerhouse through integration. With 54 signatories and 47 ratifications, the AfCFTA is now the world’s largest free trade agreement, promising to connect a market of 1.4 billion people. With…
– Hosts 3rd Africa trade , investment summit – Ethiopia views the African Continental Free Trade Area (AfCFTA) as a strategic engine for investment, job creation, value chain development, and regional economic resilience, according to the Ministry of Trade and Regional Integration (MoTRI). This view was reinforced during the 3rd Africa Trade and Investment Summit…
Addis Ababa — President of African Export-Import Bank (Afreximbank), Professor Benedict Oramah addressed the implications of shifting global trade policies, including the reintroduction of reciprocal tariffs by the U.S., noting that such developments further validate the urgency of fast-tracking the African Continental Free Trade Area (AfCFTA). In a powerful exchange moderated by Michael Rheinegger of…
