
NPP's Kwadaso Constituency Chairman is dead
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4th October 2023 12:41:12 PM
1 min readBy: Chris Kodo
The Agbogbomefia of Asogli State, Togbe Afede XIV, has urged all African leaders to work together to reap the benefits of the African Continental Free Trade Agreement (AfCFTA).
He stated that the continent's unity is required for the free trade zone to reach its full potential.
Togbe Afede XIV stated during the Made in Ghana Awards night on September 30, 2023, that “AfCFTA needs the unity of this continent to realise its dream so even if we can’t come together politically, we can do so economically to harness the full benefit of the agreement.”
The AfCFTA, a cornerstone of Agenda 2063, represents an ambitious trade agreement with broad-ranging coverage, encompassing vital aspects of Africa's economy, including digital trade and investment protection, among other key areas.
Its primary aim is to remove trade barriers across the African continent, with the goal of substantially enhancing intra-African trade, particularly in value-added production and across all sectors of the African economy.
Launched in January 2021, the AfCFTA stands as the world's largest free trade area, spanning 55 African nations, boasting a collective population of 1.3 billion people, and a combined Gross Domestic Product (GDP) exceeding $3.4 trillion.
This initiative is anticipated to fortify African economies, rendering them more resilient in the face of internal and external economic shocks.
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