Many agreements have been signed in Africa, but who has been monitoring their effects?
In March, 44 countries signed a pact in Kigali establishing Africa’s Continental Free Trade Area. Far from marking the end of the process, this represents just the beginning of the long road to developing a single market across the continent.
Industrialisation is central to the achievement of a successful Continental Free Trade Area (CFTA), while a successful CFTA will facilitate more leading to greater prosperity across Africa.
Two initiatives being launched this year – the Single African Sky and the CFTA – promise to cut to the heart of the continent’s constraints on trade and investment.