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Home Business Industry & Manufacturing 202106

AfCFTA Targets 52% Intra-African Trade Increase - Nana Dokua Asiamah-Adjei

23-Jun-2021
/ Industry & Manufacturing, Business
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The Deputy Trade and Industry Minister nominee, Nana Ama Dokua Asiamah-Adjei says Intra-African Trade will soon compete with other developed countries.
 
According to her, African Continental Free Trade Area (AfCFTA), is targeting 52% of intra-African trade increase by 2022.
 
“Intra-Asian trade is well over 60%, intra-European trade is well over 50%, and intra-North American trade is well over 40%.
 
“Currently, intra-African trade stands at 12% and it is the target of the AfCFTA that by 2022, the intra-African trade will increase to 52%.” Nana Dokua Asiamah-Adjei posted on social media in his quest to educate the public on Tade and Industry
 
If this is achieved; Africa will be ranked among the best trade hub in the world.
 
 

Source: Peacefmonline.com

 

 
 

 

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