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AfCFTA aims to boost African trade and growth despite challenges like fragmentation, barriers, and foreign influence concerns.
Africa faces economic challenges from fragmented markets and trade barriers, but the African Continental Free Trade Area (AfCFTA) offers potential to boost intra-continental trade, job creation, and regional integration.
Despite low current intra-African trade levels, efforts to reduce non-tariff barriers and improve border efficiency could unlock growth, especially with a youthful population and rising foreign investment from China, the UAE, and Saudi Arabia.
While U.S. trade policies have disrupted some African exports, they’ve also spurred a strategic shift toward diversified global partnerships.
In Kenya, political fallout from the failed BBI initiative helped propel William Ruto’s rise, highlighting ongoing struggles with elite governance.
Meanwhile, U.S. conservative lobbyists linked to MAGA have entered Côte d’Ivoire’s electoral race, raising concerns about foreign influence in democratic processes.
AfCFTA tiene como objetivo impulsar el comercio y el crecimiento africanos a pesar de desafíos como la fragmentación, las barreras y las preocupaciones de influencia extranjera.