Analysis of implementation of continental free trade area in Africa
- 60 pages
- 3 hours of reading
The establishment of the African Continental Free Trade Area (ACFTA) in January 2012 aims to bolster economic growth by eliminating tariffs on intra-African trade, addressing the needs of a youthful population. This initiative is crucial for creating jobs and enhancing wealth across the continent. The paper delves into the implications, opportunities, and challenges associated with the ACFTA, highlighting its significance as a transformative force in regional development and its role in the broader context of African economic strategies.
