HomeAfrica

AfCFTA chief Wamkele Mene: ‘Africa cannot prosper while it remains fragmented’

Africa 1 source 1 country 🔦 Under-reported 42m ago

African Continental Free Trade Area (AfCFTA) Secretary-General Wamkele Mene has stated that the continent cannot achieve prosperity while remaining fragmented. Addressing the integration of African markets, Mene emphasized the critical need for lower trade barriers, reduced logistics costs, and the freer movement of people and goods.

Despite 50 countries having signed up to the initiative, intra-African trade remains stagnant at approximately 15 percent. Mene highlighted these existing obstacles as the primary challenges that must be overcome to successfully build a unified single African market.

In-depth summary · AI, neutral
Read the full story at the source The Africa Report · FR
Get the news on TelegramTop stories & under-reported picks, straight to your feed — free. Join →