In charting its own development path towards an “ integrated, prosperous and peaceful Africa [which is] driven by its own citizens… ” Agenda 2063, Africa’s development blueprint, in its aspirations recognises the need for inclusive and sustainable development [1] . For Africa to meet these development ambitions the African Development Bank (AfDB) informs us that Africa must reach a sustained growth path of at least 7%. Last year Africa recorded a 3.1% growth, which is a deterioration from the 4.1% recorded in the previous year. In seeking to facilitate for growth and development in adopting Agenda 2063, the African Union 12 Flagship Projects, amongst them the Africa Continental Free Trade Area (AfCFTA), which seeks to create a single market for the benefit of the 1.3 billion people in Africa with a combined annual GDP of $3.4 trillion. As in East Asia where intra-regional trade was over 40% by 2021, growth can be impactfully realised through intra-regional trade [3] – a key objective of AfCFTA’s mandate to eliminate trade barriers and boost intra-Africa trade. Unfortunately, in Africa in the same period such trade was only 14.5% after rising from 11% in 2016. Currently it has declined to 13.7%. Since the […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
