The AfricanContinentalFreeTradeArea (AfCFTA) would serve as a powerful catalyst in creating opportunities for trade expansion, inter alia also promotion of intra-Africa trade, as well as for investment and much needed industrialisation which China should avail itself of.
“We dream of a Botswana where we will have enough food that we would not need to import from other countries, but that we would become the supplier through some of the trade agreements such as the AfricanContinentalFreeTradeArea (AfCFTA),” Molebatsi said.
The multi-format summit will also present thematic sessions on the ease of doing business, AfricanContinentalFreeTrade Agreement (AfCFTA), corporate governance, sustainable development goals, healthcare and industry outlook.
... increased intra-African trade. He said that the development would give impetus to the implementation of the SADC-eastern African community-common market for Eastern and Southern Africa (SADC-EAC-COMESA) tripartite free trade area and the African ContinentalFreeTradeArea.
“With the AfricanContinentalFreeTrade Agreement, African countries have a unique opportunity to transform themselves from producers of raw materials in the world economy, into major hubs of manufacturing.”.
He drew attention to the fact that the coming into force of the AfricanContinentalFreeTrade Agreement (AfCFTA) and the positioning of its Secretariat in Ghana made the country an even more attractive investment destination and a gateway for investors into the wider West African market of over three hundred and fifty million people.
The approval of the Pan AfricanQualityPolicy will improve product standards for the implementation of the African ContinentalFreeTrade Agreement (AfCFTA), Dr Hermogene Nsengimana, the Secretary-General and President of African Organisations for Standardisation has said.