FX Guys

AfCFTA opening new opportunities for continental trade – Minister

The Minister, Industry, Trade and Investment, Dr Jumoke Oduwole, says implementation of African Continental Free Trade Area (AfCFTA) has opened up new areas for trade opportunities.

Oduwole said this while receiving the Secretary-General of AfCFTA, Mr Wamkele Mene, who was on a courtesy visit to his office in Abuja on Thursday.

She said that the implementation would stimulate investment and foster competitiveness for African businesses, as AfCFTA is aimed at making it easier and cheaper to move goods and services between countries.

“The AfCFTA in essence is the framework that has been long awaited by Nigeria and African youths.

“We have already began to see transformation with the elimination of tariffs on 90 per cent of goods traded across the continent.

“We have opened up new areas for trade opportunities to stimulate investment and foster competitiveness for African businesses,”she…
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