Egypt’s exports to Africa expected to double due to AfCFTA: experts

February 24, 2021 Ahram online 0 Comments

Egypt’s exports to African countries, estimated to be worth $4.7 billion, are projected to double over the coming four years in the event that all the African Continental Free Trade Agreement’s (AfCFTA) stages are fully rolled out, according to the Minister Plenipotentiary and Alternate Chief Negotiator to AFCFTA, Fadel Yacoub. Yacoub made his comments during a discussion panel held on Monday virtually and organised by the Afro Media Initiative. Yacoub added that Egypt was among the first African countries to outline all its obligations to the agreement to the African Union Secretary. Egypt was also one of the first to ratify the agreement in April 2019, becoming one of the 36 African countries, out of 55, to do so.Read More.

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