Africa: AU Holds AfCFTA Extraordinary Summit

December 6, 2020 All Africa 0 Comments

he African Union will this weekend host the African Continental Free Trade Area (AfCFTA) Extraordinary Summit, in preparation for the start of the AfCFTA on 1 January.

Cabinet, in a statement following its meeting this week, said the AfCFTA holds “enormous benefits” for South Africa as it serves as a “catalyst to economic growth and investment”.

“The free-trade area opens our exports of goods and services to a market of more than 1.2 billion people. As Chair of the AU, South Africa has been at the forefront of driving the implementation of the AfCFTA,” reads the statement.Read More.

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