{"id":466294,"date":"2019-07-08T10:12:52","date_gmt":"2019-07-08T09:12:52","guid":{"rendered":"https:\/\/www.kapitalafrik.com\/?p=466294"},"modified":"2019-07-08T10:12:52","modified_gmt":"2019-07-08T09:12:52","slug":"recipe-for-afcfta-new-report-looks-at-whats-next-for-the-continental-agreement","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2019\/07\/08\/recipe-for-afcfta-new-report-looks-at-whats-next-for-the-continental-agreement\/","title":{"rendered":"Recipe for AfCFTA: New report looks at \u2018what\u2019s next\u2019 for the Continental Agreement"},"content":{"rendered":"
<\/div>

The ninth edition of the flagship Assessing Regional Integration in Africa report (ARIA IX) was launched on 6 July 2019 during the African Business Forum in Niamey, Niger.<\/p>\n

It is titled \u2018Next Steps for the African Continental Free Trade Area (AfCFTA).\u2019 The report argues that AfCFTA\u2019s success will be measured largely by its ability to actually change lives, reduce poverty and contribute to economic development in Africa.<\/p>\n

During the launch – which took place in the presence of Niger\u2019s president, the chairperson of the African Union Commission (AUC), heads of UN Agencies and top business persons from across the continent – the executive secretary of the Economic Commission for Africa (ECA), Vera Songwe emphasized that:<\/p>\n

\u201cFor us to make the AfCFTA work, we need to make competition, industrial policies and property rights work well.\u201d \u00a0That is what the report is saying, she noted, adding \u201cand I really urge you to read it.\u201d<\/p>\n

ARIA IX is jointly published by the ECA, UNCTAD, AU and AfDB.<\/p>\n

The secretary-general of UNCTAD, Mukhisa Kituyi, also spoke at the launch and highlighted \u201ccompetition, investment and intellectual property rights\u201d as crucial requirements in the next phase of the AfCFTA, as expounded in the report.<\/p>\n

Mr. Kituyi expressed his \u201csolidarity and partnership with ECA and AUC\u201d and urged the African business community to \u201ctake ownership of the integration effort\u201d on the continent.<\/p>\n

ARIA IX notes that traditional investment treaties predominate on the continent, with major repercussions for the policy and regulatory space available to policy makers. It holds, however, that the AfCFTA investment protocol represents an unparalleled opportunity for AU member states to revamp the investment policy landscape.<\/p>\n

The report recommends that ratification of the AfCTA, which went into force on 30 May 2019, must be followed by effective implementation and that implementation will be more effective if national AfCFTA committees are created by country trade ministries.<\/p>\n

Looking ahead, the report considers e-commerce and integration in a digitizing Africa, and how the digital economy can interact with the AfCFTA and trade in Africa.<\/p>\n

The Implementing the AfCFTA is about dispelling the crisis of implementation of AU decisions and initiatives and validating the AU and its Agenda2063.<\/p>\n

It is a litmus test of African countries\u2019\u00a0commitment to economic integration.<\/p>\n

Download the report here::\u00a0bit.ly\/2JiimdD<\/a><\/p>\n

<\/div>","protected":false},"excerpt":{"rendered":"

The ninth edition of the flagship Assessing Regional Integration in Africa report (ARIA IX) was launched on 6 July 2019 during the African Business Forum in Niamey, Niger. It is titled \u2018Next Steps for the African Continental Free Trade Area (AfCFTA).\u2019 The report argues that AfCFTA\u2019s success will be measured largely by its ability to<\/p>\n","protected":false},"author":527180,"featured_media":466295,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12040,12046],"tags":[15151,3286],"class_list":{"0":"post-466294","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-international-institutions","8":"category-leaders-en","9":"tag-afcfta","10":"tag-niamey","11":"post_format-post-format-aside","12":"pmpro-has-access"},"yoast_head":"\nRecipe for AfCFTA: New report looks at \u2018what\u2019s next\u2019 for the Continental Agreement - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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