African Business Council (AfBC) emerges as united voice of the continent’s private sector in support of the African Continental Free Trade Area (AfCFTA)
The African Union (AU) saw the introduction of the African Business Council (AfBC) through the delivery of a Side Event held on the margins of the 2020 African Industrialization Week (AIW). The Side Event which focused on the ‘Introduction of the AfBC and Its Role in Africa’s Industrialization’ was led by the Interim Chairperson of the AfBC, Dr. Amman Asfour.
In her statement, the Interim Chairperson stated that it has been the collective desire of the AU Commission, the Coalition for Dialogue on Africa (CoDA) and Africa’s private sector stakeholders to see the AfBC become a reality. She added that “given that the success and operations of the AfCFTA depend heavily on the private sector, its architecture has always made provisions for the establishment of an African Business Council as a necessary continental platform for aggregating and articulating the views of the private sector.” Read More.