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Connecting people and markets in Africa in 2021
08-02-2021 Niklas Mayer and Amanda Bisong, ECDPM commentary, 8 February 2021
On 1 January 2021, trading formally began in the African Continental Free Trade Area (AfCFTA). The AfCFTA aims to create a continental market for goods and services, with free movement of people and investments intended to help deepen the economic integration of the African continent and promote development.
African leaders and the African Union (AU) Commission have highlighted the urgent need to expedite the ratification process of the AU’s Continental Free Movement Protocol, convinced that the full potential of free movement of goods can only be achieved if there is freer movement of people as well. It doesn’t stop at trade. As aptly captured by Akinwumi Adesina, president of the African Development Bank, “the free movement of people, and especially labor mobility, are crucial