AfCFTA is A Better Deal For Africa!

 

AfCFTA is A Better deal For Africa, and will have far reaching transformational impacts on the lives of citizens and the economy of the entire continent, if properly planned and executed.
According to Rex Essenowo, member of the board of Directors of the Nigerians Diaspora, Europe.
Africa has a better deal developing the Africa Continental Free Trade Area, and making it easily accessible to citizens of members states to explore.
According to Mr,. Essenowo, this can be done only by wider infrastructural and human capital development partnerships, at national and regional levels, and as well, bringing economic development policies to comply with the protocols which were adopted by the member states and adopted at the national parliaments.
Further delay in streamlining the action plans will further harm the continent, as time waits for no noe.
With a fast grooming population, Africa will attain 2 billion population in no time, and the moment for action is now, Essenowo insisted,
He also called on the African Diaspora to be actively engaged by the Secretariat and all AU development agencies.

As at August 2023, 47 of the 54 signatories (87%) have deposited their instruments of AfCFTA ratification

What questions should trade unions be asking?

As representatives of the working class, trade unions want to be effective advocates, lobbyists and monitors of the Protocol on Trade in Goods. The following eight questions can help trade unions prepare for their role in integrating labor provisions into the Protocol on Trade in Goods.

1. Is my country an LDC or a G6 country Least Developed Countries: Least Developed Countries (LDCs) are low-income countries facing severe structural impediments to sustainable development. Allowing for LDCs in the AfCFTA is a way of recognizing the differences between countries. There is a financial cushion for LDCs in the form of a longer period for the implementation of the removal of their trade barriers. However, for the intervention to be successful, effective measures must be taken to support local workers, farmers and small businesses.G6 countries: The AfCFTA recognizes a group of six member states (Ethiopia, Madagascar, Malawi, Sudan, Zambia and Zimbabwe) that face specific development challenges and will need more time to remove trade barriers.

G6 countries: The AfCFTA recognizes a group of six member states (Ethiopia, Madagascar, Malawi, Sudan, Zambia and Zimbabwe) that face specific development challenges and will need more time to remove trade barriers