New AU chair calls for AfCFTA implementation

40 56

Addis Ababa, Ethiopia, (New Ziana) – African countries must this year ensure finalisation of outstanding issues on implementation of the African Continental Free Trade Area (AfCFTA) to ensure the continent moves towards promoting trade in its own products and move away from being the dumping ground for international goods, the new African Union (AU) chairman said on Sunday.

The AfCFTA agreement came into force mid-last year, becoming the world’s largest free trade pact following its ratification by 24 member states.

The pact seeks to, among other things, create a single market for goods and services, free movement of people and eventually a Customs Union with a common tariff for the continental grouping, AU.

The United Nations Economic Commission for Africa estimates that the AfCFTA has potential to boost intra-Africa trade by 53 percent by eliminating import duties and non-tariff barriers.

It is expected to create an African market of over 1.2 billion people with a Gross Domestic Product of $2.5 trillion.

Only 22 signatories were required to operationalise the AfCFTA but by mid last year, 25 member states had ratified the agreement.

Ghana has offered to host the headquarters of the AfCTA.

New AU chairman, President Cyril Ramaphosa of South Africa told the on-going 33rd African Heads of State and Government Summit that he would prioritise operationalising the trade agreement.

“We will work for the finalisation of the outstanding issue with regards to the AfCFTA,” he said, taking over the continental body’s reigns from Egyptian leader, Abdel Fattah el-Sisi.

He said Africa should level the playing field for its own businesses and products as well as safeguard its market from becoming a “conduit for products with minimal African value addition to enter and penetrate our local markets under the guise of continental integration.”

“There must be a reasonable standard set for what constitutes a product that is proudly made in Africa,” Ramaphosa said to applause.

“The era of colonialism and imperialism under which Africa is a pit stop in the global assembly line has passed.”

AU Commission chairperson Faki Mahamat said it was imperative that the AfCFTA becomes a reality to achieve the vision of the continent’s founding fathers.

At least 33 countries of the 55 AU member states had to date ratified the trade protocol, with only four having signed it.

“We have to promote free movement of persons and goods and the protocol has been signed by 33 members states and ratified only by four members states. I want to appeal to member states that have not done so to do so urgently,” he said.

Faki also urged more African governments, excluding the 18 that have done so, to ratify the air transport agreement, which is key in facilitating movement of people and goods.

Development of key infrastructure including road and rail to aid movement of goods was cited as key to the success of AfCFTA.

Zimbabwe, represented by President Emmerson Mnangagwa at the on-going AU Summit which ends on Monday, has ratified the AfCFTA agreement.
New Ziana

  1. dispensary near me says

    Hmm it seems like your website ate my first comment (it was super long) so I guess I’ll just sum it up what I had written and say, I’m thoroughly enjoying your blog. I too am an aspiring blog blogger but I’m still new to the whole thing. Do you have any points for novice blog writers? I’d definitely appreciate it.|

  2. dispensary near me says

    I do not even know how I ended up here, but I thought this post was great. I do not know who you are but definitely you are going to a famous blogger if you are not already 😉 Cheers!|

  3. dispensaries near me says

    Thank you very much

  4. cbd pet treats says


  5. counterfeit money pen says

    Nice article

  6. cbd oil near me says

    amazing article

  7. click here says

    When I originally commented I clicked the “Notify me when new comments are added” checkbox and now each time a comment is added I get several emails with the same comment. Is there any way you can remove people from that service? Bless you!|

  8. best cbd oil says

    Your style is so unique in comparison to other folks I’ve read stuff from. Many thanks for posting when you’ve got the opportunity, Guess I will just book mark this blog.|

  9. buy youtube likes says

    Thanks for sharing

  10. This design is incredible! You definitely know how to keep a reader entertained. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Fantastic job. I really enjoyed what you had to say, and more than that, how you presented it. Too cool!|

  11. web design agency says

    Write more, thats all I have to say. Literally, it seems as though you relied on the video to make your point. You definitely know what youre talking about, why waste your intelligence on just posting videos to your weblog when you could be giving us something informative to read?|

  12. best cbd oil says

    Hello i am kavin, its my first occasion to commenting anywhere, when i read this paragraph i thought i could also create comment due to this brilliant article.|

  13. CBD Oil says

    Wonderful blog! I found it while searching on Yahoo News. Do you have any suggestions on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Many thanks|

  14. web design agency says

    chck cbd oil

  15. cbd capsules says

    I like the valuable information you provide in your articles. I will bookmark your weblog and check again here frequently. I’m quite sure I will learn a lot of new stuff right here! Good luck for the next!|

  16. best cbd oil companies says

    Hi there, all is going well here and ofcourse every one is sharing information, that’s truly good, keep up writing.|

  17. cbd oil high strength uk says

    Hi there, of course this piece of writing is truly pleasant and I have learned lot of things from it on the topic of blogging. thanks.|

  18. CBD OIL says

    It’s going to be ending of mine day, except before finish I am reading this enormous paragraph to improve my know-how.|

  19. Fake Agency says

    Hey there! Do you use Twitter? I’d like to follow you if that would be ok. I’m absolutely enjoying your blog and look forward to new posts.|

  20. Eacort Service says

    It’s really very complex in this full of activity life to listen news on Television, therefore I only use the web for that purpose, and obtain the most recent news.|

  21. NSEO says

    We absolutely love your blog and find most of your post’s to be what precisely I’m looking for. Would you offer guest writers to write content to suit your needs? I wouldn’t mind composing a post or elaborating on some of the subjects you write with regards to here. Again, awesome site!|

  22. Agency to avoide says

    i bookmared your site

  23. best cbd oil says

    Undeniably imagine that which you said. Your favourite reason seemed to be on the internet the simplest factor to bear in mind of. I say to you, I definitely get annoyed while folks consider worries that they just don’t recognize about. You controlled to hit the nail upon the top and also outlined out the entire thing without having side-effects , people could take a signal. Will probably be again to get more. Thank you|

  24. best cbd oil says


  25. best cbd oil says

    An interesting discussion is definitely worth comment. I do think that you ought to write more about this subject, it may not be a taboo subject but typically people do not speak about such issues. To the next! Best wishes!!|

  26. fiverr best gig says

    I’m really inspired along with your writing abilities as smartly as with the layout on your blog. Is this a paid subject matter or did you customize it your self? Anyway keep up the excellent quality writing, it is rare to peer a nice blog like this one these days..|

  27. Publish blogs for free says

    I don’t even know how I ended up here, but I thought this post was great. I don’t know who you are but certainly you’re going to a famous blogger if you aren’t already 😉 Cheers!|

  28. garagedoorrepairdfw says

    Good post. I learn something totally new and challenging on sites I stumbleupon on a daily basis. It’s always helpful to read content from other writers and practice something from other websites. |

  29. lose love handles says

    I think this is one of the most important information for me. And i’m glad reading your article. But wanna remark on few general things, The web site style is ideal, the articles is really nice : D. Good job, cheers|

  30. Best CBD Oil says

    Hello There. I found your blog using msn. This is an extremely well written article. I will make sure to bookmark it and return to read more of your useful info. Thanks for the post. I will definitely return.|

  31. Buy Viagra Online says

    It’s very simple to find out any matter on web as compared to books, as I found this article at this site.|

  32. Best CBD Oil for Dogs says

    Hi there to every , as I am in fact eager of reading this blog’s post to be updated regularly. It carries nice information.|

  33. Best CBD Oil says

    First of all I would like to say excellent blog! I had a quick question which I’d like to ask if you don’t mind. I was curious to find out how you center yourself and clear your thoughts before writing. I have had difficulty clearing my thoughts in getting my ideas out. I truly do enjoy writing however it just seems like the first 10 to 15 minutes tend to be wasted simply just trying to figure out how to begin. Any recommendations or hints? Kudos!|

  34. walk in cooler panels says

    Hmm is anyone else encountering problems with the pictures on this blog loading? I’m trying to figure out if its a problem on my end or if it’s the blog. Any suggestions would be greatly appreciated.|

  35. Tyler Tysdal says

    My brother suggested I might like this website. He was entirely right. This post actually made my day. You cann’t imagine just how much time I had spent for this info! Thanks!|

  36. horrible says

    You could certainly see your skills within the article you write. The arena hopes for more passionate writers such as you who aren’t afraid to say how they believe. At all times follow your heart.|

  37. Omaha used cars says

    Hello everybody, here every person is sharing these experience, thus it’s nice to read this webpage, and I used to visit this webpage every day.|

  38. Hiya! Quick question that’s entirely off topic. Do you know how to make your site mobile friendly? My blog looks weird when browsing from my iphone. I’m trying to find a theme or plugin that might be able to correct this problem. If you have any recommendations, please share. Thanks!|

  39. Virgil Pasley says

    I just want to mention I am just beginner to weblog and actually loved you’re web page. More than likely I’m planning to bookmark your website . You absolutely come with awesome well written articles. Appreciate it for sharing your web site.

  40. CBD for Dogs says

    I love it when individuals get together and share thoughts. Great website, continue the good work!|

Leave A Reply