Officials Commented on the Matter.
In a webinar held by the Cameroon Economic Policy Institute (CEPI) on March 6, experts from the three countries discussed the AfCFTA’s practical steps and the challenges faced in creating a single integrated African market.
The AfCFTA, which came into effect on January 1, 2021, is poised to significantly boost trade and investment within participating countries. Cameroon, which ratified the AfCFTA in 2019, has been selected to pilot the Guided Trade Initiative, allowing it to export products like tea and dried fruits to Ghana under the AfCFTA framework. Zambia, having ratified the agreement in 2021, has seen its agricultural exports grow, with its first beef consignments reaching the Democratic Republic of Congo in 2025.
South Sudan, while having signed the AfCFTA in 2018, has yet to ratify it. Concerns over exposing its young economy to competition and fears of becoming a dumping ground for goods from more developed economies are cited as reasons for the delay. Infrastructure remains a critical factor in the AfCFTA’s success, with experts emphasizing the need for investment in roads, railways, ports, and improved customs systems.
These improvements are essential for moving goods efficiently across borders, particularly for landlocked countries like Zambia.
The webinar also highlighted the importance of supporting women and youth in formal businesses, digital services, and financial sectors, as well as simplifying business registration procedures and improving access to finance.
The AfCFTA’s implementation is a testament to Africa’s commitment to economic integration, but it also underscores the continent’s diverse challenges and opportunities.
As nations continue to align their policies with the AfCFTA framework, the future of trade and economic growth in Africa looks promising.
*Additional reporting by ImNews | Sources consulted: 5*
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This original article was produced by the ImNews editorial team
Source: panafricannews
Source: Pan-African News Wire
