Africa: Towards a Continental Free Trade Area

28 September 2015
opinion

Africa is a rising continent. It is no longer a hopeless continent as once suggested by The Economist. Intra-African trade is going to spur economic development in Africa provided that more focus is given to trade in manufactured goods as opposed to raw materials and intermediate goods.

Dr Tapiwa Mashakada Correspondent Trade is the engine for growth in African economies. Trade creates jobs, skills and technological transfer as well as reducing poverty. Unfortunately, intra-African trade is heavily encumbered by tariff and non-tariff barriers. It is estimated that intra-African trade stands at 12 percent compared to 60 percent

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