ECA urges foreign investors to help enhance intra-Africa trade

PUBLISHED ON March 5th, 2019

ECA urges foreign investors to help enhance intra-Africa trade

The UN Economic Commission for Africa (ECA) on Sunday urged investors from non-African countries to play ” very important role” in accelerating intra-Africa trade.

“Foreign investors have potentially a very important role to play in accelerating the emergence of regional value-chains and in increasing volumes of intra-regional trade,” the ECA said in a statement on Sunday.

Noting the huge potential of intra-Africa trade for companies outside the continent, ECA’s director for the east Africa region Andrew Mold said that the African Continental Free Trade Agreement (AfCFTA) offers a positive impetus for trade in Africa once the continental pact enters into force in the near future’

Source:Business Report

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