On May 11, 2023, Invest Africa organised the Africa Debate aimed at catalysing Africa's trade potential. Despite ongoing global uncertainty, Africa finds itself more resilient to trade and external shocks than ever before, with African countries aligning trade and investment policies behind the African Continental Free Trade Area (AfCFTA). The head of State cited the rigidities hindering intra-Africa trade that needed to be addressed in order for the economies to grow. Africa needs to trade with Africa in order to increase competitiveness in terms of global trade. Last year, it was estimated that AfCFTA was going to boost intra- Africa trade by 52 per cent by the end of 2022.

Source: The North Africa Journal May 19, 2023 19:09 UTC