Government, Economic Commission for Africa in AfCFTA implementation strategy validation drive

June 8, 2021 Nyasa Times 0 Comments

Director of Trade in the Ministry of Trade, Clement Kumbemba says the African Continental Free Trade Area (AfCFTA) has immense opportunities for increasing intra-regional trade, enhancing production, promoting economies of scale, creating jobs, raising incomes and improving the standard of living of the African people. Kumbemba made the remark during the AfCFTA National Implementation strategy workshop in Blantyre. He said studies suggest that if successful, Africa’s manufacturing sector will double in size, with annual output increasing from $500 billion in 2015 to $1trillion in 2025, and contributing additional 14 million stable, well-paying jobs. Read More.

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