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How Africa’s Economies Can Hedge Against COVID-19

16 12 2
27.03.2020

JOHANNESBURG – In 2018, 44 countries signed the African Continental Free Trade Area at an extraordinary summit in Kigali. There are now 54 signatories. The agreement will create a tariff-free economic environment to spur business growth, boost intra-continental trade, spark industrialization, and create jobs. To mitigate the economic fallout from COVID-19, African Union (AU) member countries and the continent's institutions should implement the AfCFTA swiftly.

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    The AfCFTA paves the way for Africa – with 1.2 billion people and a cumulative GDP of $2.5 trillion – to become the world’s largest common........

    © Project Syndicate