Browsing: Economic autonomy

President Uhuru Kenyatta and his Tanzanian counterpart John Pombe Maghufuli (R). The two will on Saturday, December 1, launch the OSBP marking a huge milestone in trade facilitation across the East African Community (EAC). www.theexchange.africa

African countries should support each other if they are to bounce back fast after the covid-19 coronavirus pandemic which has paralysed the global economy.

The continent has immense wealth in resources including labour thus it can easily achieve economic freedoms without having to rely on aid.

With technology, Africa can also easily jumpstart its economy since the tried and tested methods which can support industries and agriculture among other sectors are easily available. Home-grown solutions for local problems are also easily accessible.

With the launch of the operationalisation of the African Continental Free Trade Area (AfCFTA) likely to be pushed from the July 1 date, the continent will have to wait longer to see the impact of opened borders and the free movement of goods between countries.

Intra-regional trade could create 2 million new jobs for East Africa

Kenya’s President Uhuru Kenyatta has underscored the need for African countries to …