4 April March 2022 - (ECA): The emergence of COVID-19 and the crisis in Ukraine have widened the already huge gap in financing the development in Eastern Africa and could further harm the economies of the region that are yet to recover from the pandemic slump, said Mama Keita, Director of UN Economic Commission for Africa (ECA), Office for Eastern Africa.She made this
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.
African Development Bank (www.AfDB.org) President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured for their leadership in the African Continental Free Trade Area (AfCFTA) process.
The AfCFTA, the largest free trade area in the world, began trading on 1 January 2021 and is expected to speed up the recovery of the continent and enhance its resilience by increasing the level of intra-African trade in goods and services.
The award was organised by AeTrade Group in collaboration with the African Union Commission, the African Business Council, the Pan African Chamber of Commerce and Industry, the Federation of West African Chambers of Commerce and Industry, and the East African Chamber of Commerce, Industry and Agriculture.
Africa Free Trade Agreement: President Adesina receives award for strong leadership and support
Boshe, a patron of the AeTrade Group, thanked the awardees for their strong leadership in the process that led to the African Continental Free Trade Area coming into force
ABIDJAN, Ivory Coast, January 19, 2021/APO Group/
African Development Bank (www.AfDB.org) President Akinwumi A. Adesina and 10 African Heads of State and Government were on Friday honoured for their leadership in the African Continental Free Trade Area (AfCFTA) process.
The AfCFTA, the largest free trade area in the world, began trading on 1 January 2021 and is expected to speed up the recovery of the continent and enhance its resilience by increasing the level of intra-African trade in goods and services.