A man is silhouetted against the logo of the World Bank at the main venue for the International Monetary Fund (IMF) and World Bank annual meeting in Tokyo, file. SEE ALSO: Badi tells off Sonko over Lavington residence“In this context, a successful implementation of AfCFTA would be crucial,” the report said. World Bank researchers estimated the trade deal would lift 30 million Africans out of extreme poverty and 68 million from moderate poverty by 2035. Ivory Coast and Zimbabwe - countries with the highest costs of trade - could see income gains of 14 per cent. SEE ALSO: Nakuru County sets up handwashing stations to fight Covid-19Covid 19 Time SeriesThe volume of total exports would increase by almost 29 per cent, according to the World Bank, with exports between African nations rising 81 per cent.

Source: Standard Digital July 28, 2020 08:06 UTC