In collaboration with Deloitte On 1 January 2021, the African Union launched the African Continental Free Trade Area (AfCFTA). This Regional Action Group for Africa report is part of a series investigating five priority pathways to drive economic recovery and build resilience in the context of the AfCFTA Agreement. It explores two priorities: first, unlocking manufacturing to mitigate global supply-chain risks; and second, leveraging integration and regional value chains. It also reviews intra-African trade and current African efforts to liberalize trade in the continent, examining how to unlock production capacity to meet local and global demands in strategic sectors, focusing on the automotive industry.
Date Time
Study Finds Ways To Boost Intra-African Trade and Build Resilience
In early 2020, the foremost chief executives, public figures, civil society representatives and experts on Africa convened to share and define a regional vision and drive action based on the region’s needs and priorities
Today, the World Economic Forum’s Regional Action Group for Africa released its first report on how policy-makers can accelerate free trade following the ambitious Africa Continental Free Trade Area
The paper reviews the impact of the COVID-19 pandemic on Africa’s supply chains and provides policy advice for accelerating the expansion of regional value chains in emerging manufacturing economies in Africa, with special focus on the automotive industry