The private sector is recognized as an indispensable stakeholder in the African Continental Free Trade Agreement (AfCFTA), especially given its ability to catalyze sustainable economic development and job creation. But governments must implement the Agreement “fully and effectively” for such impressive projections to come true, and the private sector must also seize the opportunities of a large single market created by the AfCFTA. It provides the platform for Africa to diversify its economy and achieve resilience to natural and manmade shocks, including climate change. The maiden Africa Prosperity Dialogues is organized by the Africa Prosperity Network in collaboration with the ECA, the AfCFTA Secretariat, and the Government of GhanaMr Karingi reassured participants that “ECA has been there from the beginning; ECA will be there to the end. Africa is ready to turn the promises of the AfCFTA to reality, and ECA will be there all the way.”

Source: News Business Ethiopia January 27, 2023 21:45 UTC