An African free-trade zone came into force Thursday, a step toward creating what the African Union (AU) hopes will be a continent-wide market of 1.2 billion people worth $2.5 trillion. "We celebrate ...
The East African on MSN
Nigeria finally buys into Africa free trade, seeing windfall for seaports
Nigeria is finally buying into the African Continental Free Trade Area (AfCFTA), seeing a windfall for its seaports for the west African country. The AfCTA is touted as world’s largest free trade zone ...
The East African on MSN
AfCTA: How special economic zones can boost manufacturing and trade in Africa
Since the 1970s, Special Economic Zones (SEZs) have been a key policy tool for driving industrial transformation and economic development. The first SEZs emerged in China in the late 1970s, following ...
In March, under the auspices of the African Union and its chair, Rwandan president Paul Kagame, 44 African countries signed up to be part of the largest trading bloc in the world after the World Trade ...
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