AfCFTA: A Three Trillion Dollar Opportunity
The African Continental Free Trade Area (AfCFTA) is a landmark deal that aims to bring together 54 African countries with a combined population of more than one billion people and a combined GDP of over USD 3 trillion.
Slated to take effect in June 2020, the agreement is expected to stimulate intraregional trade flows, address Africa’s industrial deficit, and reduce the continent’s over reliance on primary goods exports. This thought leadership report looks at the gains and benefits for the continent as a whole, and examines the barriers to the deal’s effective implementation.
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