Tag: AfCFTA

The East African Community has been shown as the leading economic bloc in the continent in terms of intergration.

Many suggest that both the pace and nature of Ethiopia's current economic reforms are not lacking when it comes to seamlessly working within the AfCFTA framework.

The President made his remarks at the African Business Forum opening; an event that will be held virtually this year due to the pandemic.

The African Continental Free Trade Agreement was launched on January 1st but experts warn that parallel moves need to be made at the national level for maximum viability.

11 other African leaders were recognised for their role in the realization of the AfCFTA.

Ethiopia is among a list of seven other African countries that the bank plans to expand investment into, increasing the number of countries it operates in to 19.

The AfCFTA is expected to integrate African trade and finance and allow the continent to lift millions out of poverty.

The economic liberalization reforms and trade agreements like the AfCFTA are expected to play a crucial role in Ethiopia's export goals.

"E-commerce can lower entry barriers and help connect MSMEs with global markets and value chains by providing the services needed to facilitate their exports" says ITC Director Pamela Coke-Hamilton