It has been a year since the African Continental Free Trade Area (AfCFTA) launched. Touted as a new dawn, a solution to unlock intra-African trade, investment, and industrialization, the scheme has had a quiet first year.
AfCFTA is an ambitious trade pact to form the world’s largest free trade area by connecting almost 1.3bn people across 54 African countries.
The agreement aims to create a single market for goods and services in order to deepen the economic integration of Africa.
But its pace has been held back by the pandemic, a lack of significant policy reforms and trade facilitation measures, and the continent’s first recession in 30 years.
Gyude Moore is a senior policy fellow at the Centre for Global Development. He’s also served as Liberia’s Minister of Public Works. He joins the show to talk about…
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