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Home » Tag Archives: African Continental Free-Trade Area

Tag Archives: African Continental Free-Trade Area

Africa-wide free-trade pact could lift 30 million people out of poverty

Bags of grain in crane net. Dock workers.

BLOOMBERG, JULY 27, 2020 By Prinesha Naidoo for Bloomberg – An Africa-wide free-trade pact could bolster the region’s income by $450 billion and lift 30 million people out of extreme poverty by 2035, if accompanied by significant policy reforms and trade-facilitation measures, according to a new World Bank report. While the African Continental Free-Trade Area entered into force legally last year, commerce that …

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