The Continental Free Trade Area: A game changer for Africa
Sponsored by
African Union chairman Rwandan President Paul Kagame (second left), AU Commission chair Moussa Faki (second right), Niger's President Mahamadou Issoufou (left) and Zimbabwean tycoon businessman Strive Masiyiwa during the Continental Free Trade Area (CFTA) Business Forum in Kigali, Rwanda in March 2018. PHOTO | AUC
What you need to know:
This is an urgent issue because countries across the world are concluding mega-regional trade agreements (MRTAs), thus reshaping and changing the global trading landscape.
CFTA will allow Africa to strengthen its position vis-à-vis the rest of the world.
Special and differential treatment will apply in transitional periods for liberalisation. Exemptions and other measures within the scope of the CFTA negotiations will be applicable to member states at different levels of socio-economic development.
