Walking the talk: business representatives discuss regional integration
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2019-12Author(s)/Corporate Author (s)
United Nations. Economic Commission for Africa;United Nations. Economic Commission for Africa;
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The African Continental Free Trade Area (AfCFTA) was a hot topic of discussion. Acting Director of the Office for Eastern Africa of the UN Economic Commission for Africa (ECA), Mr Andrew Mold gave a Keynote presentation in the dedicated AfCFTA session ‘Positioning EAC Private Sector to Take Advantage of the AfCFTA.’ He explained that, despite the region enjoying an impressive growth performance over the last decade, because of the fragmented nature of regional markets, growth was fragile. In the subsequent panel discussions, Prudence Sebahizi, Head of the AfCFTA Unit at the African Union shed some further light on some of the gains from the AfCFTA, and reported preliminary results from a study being carried out by the World Bank, noting that average real income gains across the continent would amount to 7 percent or nearly $450 billion. At the high end, Kenya and Tanzania would both enjoy real income gains of above 10 percent.
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“United Nations. Economic Commission for Africa; United Nations. Economic Commission for Africa (2019-12). Walking the talk: business representatives discuss regional integration. Addis Ababa. © UN. ECA. https://hdl.handle.net/10855/43906”Collections
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