African leaders are trying to create a Continental Free Trade Area (CFTA) for the unfettered exchange of goods and services among the continent’s nations. According to researcher Shakir Akorede, a single integrated market would vastly improve commerce in what is today the area with the world’s least amount of intraregional trade. The CFTA would bring greater opportunity to Africa’s 1.2 billion people, who already boast a total GDP of more than $3.4 trillion. getAbstract recommends this brief yet thoughtful overview of Africa’s efforts to improve the economic well-being of all of its citizens to executives and trade professionals.
In this summary, you will learn
- What trade obstacles to economic growth Africa faces,
- What structural reforms Africa’s leaders are pursuing to remove these barriers and
- What trade initiatives are underway.
About the Author
Shakir Akorede is a writer, entrepreneur and foreign policy professional.