Africa Free Trade Area Launches Digital Hub

The African Continental Free Trade Area (AfCFTA) Secretariat has launched a digital platform aimed at easing trade in Africa, writes Susan Nyawira for Capital FM .

The platform dubbed - The AfCFTA Hub - is an interconnect clearing house for national government, intergovernmental, private, and public digital and partnership platforms to link together all businesses to drive the success of the free trade area.

The hub is designed to grow into a single, trusted directory of the services needed to navigate the AfCFTA for small players, thereby making the AfCFTA the most inclusive free trade area in the world.

The major components of the AfCFTA Hub platform include - in addition to the ProPer supply chain security system - e-logistics, a digital transactions marketplace, regulatory harmonisation, and a trade facilitation mechanism to minimise blockages in free and open trade technically referred to as non-tariff barriers.

The AfCFTA provides the opportunity for Africa to create the world's largest free trade area with the potential to unite more than 1.2 billion people in an economic bloc with a gross domestic product valued at least U.S.$2.5 trillion and usher in a new era of development. 


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