Browsing: AfCFTA

Containers at the port. AfCFTA will deepen continental integration. www.theexchange.africa

More than half of the African countries have ratified the trade agreement with Nigeria, the biggest economy on the continent, being the latest to ratify.…

Subscribe to unlock this article

Login to read this article for free and get 3 free premium articles. Subscribe today for unlimited premium articles and more.

Digital Subscription – Monthly

Monthly renewing
You can cancel anytime.

$5 /Monthly

Digital Subscription – Annually

Monthly renewing
You can cancel anytime.

$40 /Annually

e-Commerce is a vibrant internet enterprises. Kenya is killing its internet and future success. www.theexchange.africa

How the digitalization of African trade will help realise the AfCFTA

The digitalisation of trade across the continent can significantly boost free trade in Africa, helping to realize the objectives of the Africa Continental Free Trade Agreement (AfCFTA).

To properly implement the AfCFTA, Africa will need digitalisation in the digital and virtual services and making it an enabler of trade in the different sectors.

By 2030, Africa’s population will have grown from the current 1.2 billion people to an estimated 1.7 billion. With this growth, the AfCFTA has to create an integrated African market for these consumers. The aggregated gross domestic product (GDP) from this market could see the market hit US$3.4 trillion after the opening up of the continent’s economic borders.

Read: Africa’s Cashless Payment Revolution

There are, however, various issues such as harmonising standards and improving the existing legal frameworks; enacting cybersecurity, consumer and data protection laws; and …

The AfCFTA’s coverage on the African continent has become attractive beyond the continent. ACP countries are exploring opportunities of a free trade agreement. www.theexchange.africa

Economic Partnership Agreements and the Continental Free Trade Area negotiations have focused on the speed at which tariffs are removed…

Subscribe to unlock this article

Login to read this article for free and get 3 free premium articles. Subscribe today for unlimited premium articles and more.

Digital Subscription – Monthly

Monthly renewing
You can cancel anytime.

$5 /Monthly

Digital Subscription – Annually

Monthly renewing
You can cancel anytime.

$40 /Annually

Presidents Uhuru Kenyatta and John Magufuli. The EAC must join hands to ace tourism offerings. www.theexchange.africa

By seeking strength in numbers, the region’s tourism sector players are banking on an expanded offering covering the six partner states…

Subscribe to unlock this article

Login to read this article for free and get 3 free premium articles. Subscribe today for unlimited premium articles and more.

Digital Subscription – Monthly

Monthly renewing
You can cancel anytime.

$5 /Monthly

Digital Subscription – Annually

Monthly renewing
You can cancel anytime.

$40 /Annually