“By creating one African market, we are transforming the African landscape by creating a large market of 1.27 billion people (expected to be 1.7 billion in the next eleven years) with a growing middle class of 350 million (which is projected to reach 600 million by 2030). This provides an opportunity for economies of scale, large scale and long term investments. Arising from this, the basic incentive for businesses operating in the AfCFTA is that they will face huge and attractive opportunities”. H.E. Ambassador Albert Muchanga , Commissioner for Trade and Industries at the African Union (AU). Speaking at TWA Summit Read previously released press release below Following a successful launch of the African Continental Free Trade Agreement (AfCFTA), H.E. Ambassador Albert Muchanga, African Union Commissioner for Trade and Industry was presented with the Champion of Trade Award at the 2nd edition of the Trade with Africa Business Summit in Chicago. The T...
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