Were it not for the Covid-19 crisis we would undoubtedly have seen a lot more fuss being made about the January 1 launch of the African Continental Free Trade Area (AfCFTA).
However, despite delays and the expected confused and confusing small print, it has happened. Well, some of it. There is still secrecy about many of the details, including exactly which initial offers have been made by participating governments to bring down tariffs — but there is movement.
This easing of tariffs is a work in progress. Free trade may be the lofty ambition, but for now a lot more negotiation is needed on the speed and scale of tariff dismantlement. Read More.
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