AfCFTA stepping stone to continental prosperity

Merkato’, the largest open market in Ethiopia, is filled with products imported from China, India, Singapore, Italy, and Malaysia, among others. One can, sometimes, find produces locally secured. And the reason for the retailers to look outwards and import non-African goods is the fact that trade regulations and tariffs make intra-African commerce costly, inefficient and cumbersome.

But, after the coming into effect of the African Continental Free Trade Agreement (AfCFTA) as of the 1st of January 2021, many are hoping to see made in African products in large amounts in Merkato. Read More.

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