Apart from SADC and COMESA, Mauritius is now part of the African Continental Free Trade Area (AFCFTA). Launched on 1 January 2021, the African Continental Free Trade Area (AfCFTA) is an exciting game changer for African trade.
In Mozambique, SMEs play a crucial role in the economic development of the country.[2] They are at the heart and soul of the Mozambican economy. They comprise no less than 98.7% of the market but contribute only 28% to GDP.
Africa’s oil & gas resources can help accelerate growth on the continent if used strategically. With the AfCFTA in effect, intra-Africa trading will become much easier and benefit African countries more than it has in the past.
The long-awaited African Continental Free Trade Area (AfCFTA) is finally operational, wherein trading commenced on the 1st of January 2021.
January 1st, 2021 marked the start of trading under the African Continental Free Trade Area (AfCFTA) agreement.
An opportunity for the African Continental Free Trade Area (AfCFTA) to unlock Africa’s full potential