AfCFTA targets $250bn intra-African trade

Vanguard NigeriaIndependentCenter10 days ago

The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, announced that the trade bloc is projected to reach an annual intra-African trade volume of $250 billion in the current year, up from $220 billion in 2025. He praised Lagos for its role in driving industrialization and digital innovation across Africa. Mene highlighted that 50 African countries are implementing the AfCFTA agreement and that all necessary protocols have been finalized. He emphasized the importance of building a strong domestic market in Africa to counter global trade challenges and enhance

Bias read (Center): The article presents factual information regarding the progress of the AfCFTA and does not exhibit clear bias through loaded language, one-sided sourcing, or omission of context. It reports on statements made by the AfCFTA Secretary-General without apparent ideological framing.