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,…