Can Africa’s new free trade treaty boost business on the continent? | Politics News

by Press Room


African leaders will this weekend gather in Addis Ababa for the annual summit of the African Union (AU) to discuss key business issues, including plans to make Africa a global economic powerhouse.

In the spotlight during the two-day high-level meeting, starting on February 17, is a treaty that the AU says will revolutionise trade on a continent where country-to-country trade levels are dismal, with most imports coming from countries like China.

Ratified by a majority of African countries, the African Continental Free Trade Area (AfCFTA) agreement will merge 55 economies into a single,…



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