“54 countries, 1.2 billion people Africa marks the creation of the world’s largest economic and free trade area,” International Trade Centre Director, Arancha Gonzalez reacts as the African Continental Free Trade Area is born
CRIMSON TAZVINZWA, AIWA! NO!||The World Bank ranks many countries in Africa among the hardest places to do business. However, an ambitious project to ease trade between them is a step closer to reality.
The African Union agreed last year to create a free trade zone on the continent, the largest since the World Trade Organization was formed.
MEDIA FREEDOM – ETHIOPIA> “Generally I’m against the involvement of the government in enacting any kind of laws,” he said. “As we’ve seen, the government can infringe on the rights of individuals using laws such as the 2009 Anti-terrorism proclamation”Ethiopian journalist Elias Meseret,
On Tuesday, Gambia became the 22nd country to ratify the accord, reaching the threshold for it to be implemented. It’s hoped the deal will reduce tariffs and trade rules, and create jobs for a market of 1.2 billion people. But Africa’s largest economy, Nigeria, isn’t on board with the agreement. So will the deal succeed?