President Kagame speaking at the AfCFTA signing ceremony in March 2018
President Paul Kagame has been recognised for his endless efforts put in the process, initiation and formation of the One Africa continental trade agreement- African Continental Free Trade Area (AfCFTA).
AfCFTA, the largest free trade area in the world, began trading on 1 January 2021 and is expected to speed up African recovery and to enhance its resilience by increasing the level of intra-African trade in goods and services.
It is expected to transform the continent with its potential market of 1.2 billion people and combined GDP of around $3 trillion.
For Kagame’s role in selling and bringing this deal to pass to other African countries, the African Development Bank on Friday honored him among 11 African leaders for their leadership in AfCFTA process.
Pfumvudza an African free trade area deal opportunity
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African Continental Free Trade Area To Lift Africa From Poverty
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Africans should always put themselves first
Africa’s Continental Free Trade Area is officially underway. The World Bank estimates that free trade could help 30 million Africans escape poverty, creating a domestic market of 1.2 billion people.
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Ethiopia congratulates Africa for coordinating Free Trade Area
Ethiopia congratulates Africa for coordinating Free Trade Area
2 de enero de 2021, 9:13Addis Ababa, Jan 2 (Prensa Latina) Ethiopia s Prime Minister Abiy Ahmed on Saturday stressed the importance of the African Free Trade Area and congratulated the countries of the continent for using this instrument for their exports and imports. Congratulations to our continent for the beginning (on January 1) of the economic actions under the Continental Free Trade Area (AFCFTA), Ahmed tweeted. The new frontier for our countries is, in fact, regional integration, where minds are open to ideas and businesses must generate transformative impacts, he added. Boosting trade in terms of respect and equal opportunity helps to defuse the tensest relationships, generates prosperity, revitalizes pan-Africanism and favors peace, he deemed.