The Canada-Africa Chamber of Business (www.CanadaAfrica.ca) is pleased to announce major growth and an expansion of our operations in support of promoting trade and investment between Canada and Africa, approved at our recent Special Board Meeting. The Board has unanimously decided on a leadership restructuring to further accelerate the mandate to promote Canada-Africa trade and investment.
Mr. Sebastian Spio-Garbrah, the Chair of the Board, is to be deployed to take up the newly constituted position of Special Envoy on Trade and Investment to the African Continental Free Trade Area (AfCFTA) Secretariat, in Accra, Ghana – given the strong interest of our private sector members. AfCFTA is the largest free trade area in the world measured by the number of countries participating, in excess of a projected US$3.4 trillion annual GDP. Preferential access to this emerging African trade bloc can effectively double the number of people and countries with whom Canadians can trade. Mr Spio-Garbrah’s historic mandate is to facilitate support for AfCFTA implementation, and information-sharing for Canadian and African stakeholders – to enable trade with an eventual single African market; respecting both Canada’s trade diversification agenda and recognizing its enormous success on existing free trade deals to date. Read More.