Skip to content

Ghana news briefing

African countries must leverage AfCFTA to pull markets together to move businesses to global level

By GhanaSummary Newsroom1 min read
African countries must leverage AfCFTA to pull markets together to move businesses to global level

We have youthful population that can also support production” He noted that the average age of the African was 19, other continent like Asia they were close to 48-49, Europe they are more than 30 and 39, so it means that Africa has young population that we must empower in terms of quality education that could support production.“So, these are challenges because if you must ship goods to some African countries, you first have to go to Europe for you to be redirected, that is higher transaction cost, even for payment within the continent if you have to trade,” he stated.“So, while we talk about the potential for AfCFTA to deliver in terms of increase output, job creation, poverty reduction, narrowing inequality, and being a platform to raise African businesses all these oughts to happens within certain challenge because of lack of physical connectivity.

ShareXFacebookWhatsApp

This is a summary of the original articles listed below. Always read the source articles for the full context. GhanaSummary does not create or modify the news — we summarise and link to original publishers.

Original sources

1 reports

More stories

View all news