CGD in the News

Reuters: African free trade bloc opens for business, but challenges remain

January 01, 2021

From the article:

Every African country except Eritrea has signed on to the AfCFTA framework agreement, and 34 have ratified it. But observers such as W. Gyude Moore - a former Liberian minister who is now a senior fellow at the Center for Global Development - say the real work begins now.

“I would be surprised if they can have everything set up within 24 months,” he told Reuters. “For long-term success, I think we’ll need to look at how long it took Europe. This is a multi-decade process.”

Topics