The outbreak of the Russian-Ukrainian conflict makes it possible to question the economic resilience of African States, that is to say, their “capacity [ to] keep output close to [their] potential despite a shock ” (2).
AfCFTA offers entrepreneurs in all ratifying countries larger markets and potential economies of scale to spur economic growth and sustainable, inclusive development.
Within the framework of the National Development Strategy (NDS30) that runs from 2020 to 2030, the government intends to boost agriculture by signing partnerships with the local and/or foreign private sector, train “national champions” who will produce, process, and market the agriculture sector to subregions especially.
Experts have urged Small and Medium Sized Enterprises, SMEs to be formalized, having all legal, fiscal and labour formalities to build trust which will give them avenues to access finances for their businesses. These [...]
It says the AfCFTA will liberalize and facilitate a single market for goods and services, including the free movement of people and capital. It would contribute to sustainable and inclusive socioeconomic development, gender equity and, more broadly, lead to increased competitiveness and industrial development.