African Continental Free Trade Area (AfCFTA) expected to boost intra-African trade, reduce dependence on Western markets, and promote inclusive growth.

African experts expect the full implementation of the African Continental Free Trade Area (AfCFTA) to boost intra-African trade, reduce dependence on traditional Western markets, and promote inclusive growth across the continent. The AfCFTA aims to add more value to Africa's predominantly unprocessed mineral and agricultural commodity exports, thereby diversifying the continent's export basket and creating more jobs and employment opportunities. The 59th Annual Meeting of the Board of Governors of the African Development Bank (AfDB) in Nairobi highlighted the investment opportunities of the enlarging BRICS alliance, which offers significant growth potential for Africa.

May 26, 2024
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