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Unlocking Africa's Future: The Economic Impact of AFCTA

Unlocking Africa's Future: The Economic Impact of AFCTA

Paperback

General Political Science

ISBN10: 6208118301
ISBN13: 9786208118303
Publisher: LAP Lambert Academic Publishing
Published: Sep 25 2024
Pages: 52
Weight: 0.20
Height: 0.12 Width: 6.00 Depth: 9.00
Language: English
This book delves into the African Continental Free Trade Area (AfCFTA), a groundbreaking initiative launched in 2021 aimed at fostering economic integration across Africa. It explores how this landmark agreement seeks to boost Africa's trade, enhance economic growth, and alleviate extreme poverty by reducing tariffs on 97% of goods, harmonizing regulations, and facilitating cross-border investments. The book provides a comprehensive analysis of AfCFTA's origins, evolution, and its institutional and legal frameworks. It examines the anticipated economic impacts on participating nations, including projections of increased trade earnings and poverty reduction. Through detailed policy analysis, case studies, and economic modeling, it explores the current status of AfCFTA's implementation, the negotiation phases, and the role of various stakeholders.

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General Political Science