African Continental Free Trade Area
On July 7, many important events took place.
“The development of infrastructure is inevitable. We must strive to achieve peoples’ aspirations to development and prosperity,” Sisi said.
Only 44 out of 55 member states have signed AfCFTA deal, which aims to create a single, continental free-tariff market for goods and services.
The first agreement includes an investment program for backing small and medium-sized enterprises (SMEs), into which the European Commission will pump about €75 million.
The president of the African Bank for Export and Import (Afreximbank), Benedict Orama, said Sunday he considers the Continental Free Trade Area (CFTA) as the starting point and gateway for Africa's development.
FM Sameh Shoukry arrived on Thursday in the Mauritanian capital, Nouakchott to take part in the 33rd ordinary session of the African Union’s executive council