Boosting Africa’s income by US$450 billion by 2035

By Albert NangaraSeptember 1, 2022Updated:September 1, 2022 Africa's Development No Comments6 Mins Read

A new assessment carried out by the World Bank has forecast that the African Continental Free Trade Area (AfCFTA) stands to boost Africa's income by US$450 billion by 2035, representing a gain of 7 per cent to the continent's revenue while adding US$76 billion to the income of the rest of the world. (Photo/ AfCFTA)

Albert Nangara

Albert is an experienced business writer specializing in stock exchanges, financial markets and technology. He has a deep understanding of the dynamics of the global economy and a keen interest in analyzing investment trends, market trends, and the impact of investments on stock prices especially in the Southern African region.