Long way to go before Africa’s single market moves at full steam

January 4, 2021 Times of Malta 0 Comments

Touted as the world’s largest single market in terms of the number of member nations, Africa’s ambitious blueprint for free trade kicks into gear on January 1, bringing together more than 50 economies from Algeria to South Africa.

The African Continental Free Trade Area (AfCFTA) was supposed to become technically operational months ago, but the launch was delayed by complications blamed on the coronavirus pandemic and the slow pace of negotiations.

But disappointment lies in wait to anyone hoping that African trade will enjoy a barrier-free Big Bang come New Year’s Day. Read More.

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