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How AFCFTA will build regional value chains, benefit countries without industrial base

How AFCFTA will build regional value chains, benefit countries without industrial base

Business
The secretariat for the African Continental Free Trade Area (AfCFTA) said it is actively working to build regional value chains where African countries can benefit immensely from the trade agreement when it finally kicks off. To identify the value chains for African countries to benefit from the agreement, the secretariat said what it required was an action plan for the implementation of an industrial development strategy that would be applied on the African continent. Secretary-General, AfCFTA, Wamkele Mene, who disclosed this spoke on “AfCFTA Implementation Post-COVID-19” during a virtual conference hosted by the American Business Council (ABC) in Nigeria and US Africa Business Centre. He said if the agreement benefits only countries that already have a relative ...