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Tag: Chileshe Mpundu Kapwepwe

‘AfCFTA, best stimulus for Nigeria, others to overcome coronavirus crisis’

‘AfCFTA, best stimulus for Nigeria, others to overcome coronavirus crisis’

Business
If implemented, Africa does not need a Marshall Plan to ride out the ongoing coronavirus crisis, as it has a more powerful tool in the African Continental Free Trade Area (AfCFTA), to use in accelerating regional and economic integration and prepare for uncertain times, the United Nations Economic Commission for Africa (UNECA), has said. According to UNECA’s Executive Secretary, Ms. Vera Songwe, during a virtual panel discussion to mark the inaugural Africa Integration Day that was set aside by the African Union to mark its implementation, with the AfCFTA, Africa had collectively penned its own blueprint for growth. “We need to talk about Africa and the AfCFTA. Our Marshall Plan is the AfCFTA. The AfCFTA is our plan so let us take it and run with it,” she said. “The Marshall Plan ...