ADDIS ABABA, May 14 (Xinhua) -- Ethiopian Prime Minister Abiy Ahmed on Monday said his country would ratify the African Continental Free Trade Area (AfCFTA) agreement, giving a major boost to the continental economic initiative. The PM made the remark during the opening of the Conference of African Ministers of Finance, Planning and Economic Development in Addis Ababa. Ahmed said ratifying the AfCFTA agreement will boost intra-Africa trade and boost employment opportunities for Africa's predominantly young population. So far, Ghana and Kenya have ratified the Continental Free Trade Area, though 44 African countries have signed the AfCFTA document. A minimum of 22 countries need to ratify the AfCFTA document for it to come into force.

Source: Ethiopian News May 14, 2018 18:33 UTC