AfCFTA is a Roadmap to Financial Integration on the Landmass of Africa

By Abdul Rahman Bangura-

Photo Credit: AfCFTA

NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– At the AfCFTA Awareness intense at Constitution Hill in Johannesburg, Calvin Phume – Director of Africa Bilateral Economic Relations at DTIC, asserted, the initiative illustrates a unique alternative for Africa to attain financial independence, arising in job creation, poverty alleviation, improved welfare, and sustainable development. This is a crucial landmark with the purpose of stabilizing united African market in fostering trade, and stimulating sustainable and inclusive growth across the Continent.

He told the AfCFTA exemplifies an extraordinary achievement, marking South Africa’s doled responsibility to checking the capacity of trade to navigate growth, generate employment, and uplift the lives of millions of people across the Mainland.

“The AfCFTA strives to ensure inclusivity, particularly for women, youth, and those residing in rural areas while focusing on the development of small- and medium-sized enterprises and overall industrialization of Africa. Phume noted.

“As a flagship project of Agenda 2063, the AfCFTA aims to establish a unified African market for goods and services facilitated by the free movement of individuals, capital, and investments.

“This integration will further promote sustainable and inclusive socioeconomic development, gender equality, industrialization, agricultural
advancement, food security, and structural transformation.”

For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent