AfCFTA – The Key to Ushering Trade and Investment to Africa by Frank Samolis

October 29, 2020     / / / / / / / / / / /

Amid the COVID-19 pandemic, the African continent has seen challenges like other parts of the world that are affecting trade. This includes a moving effective date for the African Continental Free Trade Agreement (AfCFTA), which slid from July 1 to possibly January 1, 2021, to avoid distracting African leaders as they respond to the pandemic. Nevertheless, there is a push to have the continent move forward with implementation of the AfCFTA, to spur further collaboration and intra-Africa trade, which in turn could help the continent better weather economic downturns related to the global pandemic. The AfCFTA, once implemented, will create a $3.4 trillion economic bloc, which would provide…