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    Zanzibar’s president is looking to make horticulture a significant part of his country’s economy

    Zanzibar’s president is looking to make horticulture a significant part of his country’s economy

    Zimbabwe cuts world’s highest interest rate as inflation eases

    Zimbabwe cuts world’s highest interest rate as inflation eases

    Convergence Partners raises $296 million to drive digital inclusion across Africa

    Convergence Partners raises $296 million to drive digital inclusion across Africa

    Trending Tags

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    Shell oil tanker questioned over payment of losses and damages

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    Africa: SEFA Grants $1 Million to Seven Countries to Develop Electric Mobility

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    Richest African man building fourth cement plant in Nigeria

    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    World’s Richest Rankings: Aliko Dangote maintain his position as Africa’s richest man

    Global tech billionaires eye Zambia’s electric vehicle battery mines

    Global tech billionaires eye Zambia’s electric vehicle battery mines

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    Africa will have 57 million pay TV subscribers by 2028, report

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    Africa startups defy funding slump as debt financing fuels growth

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    Port of Maputo achieves new handling record, sees soaring chrome throughput

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    Digital banking revolution can help SA banks regain their customers’ love, says BCG

    Digital banking revolution can help SA banks regain their customers’ love, says BCG

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    Nigeria launches payments card program to rival Visa and Mastercard

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

    Mastercard and ZoodPay join forces to launch the first virtual installment card across EEMEA

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    MoneyGram joins forces with BOTIM to launch international money transfer to over 200 countries

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    There was a 25% increase in finance app installs across Africa between 2021 and 2022

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    South African rand steady with investor focus on Fed minutes

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    South Africa recently declared bitcoin and other cryptocurrencies to be financial products

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AfCFTA has the potential to lift millions out of poverty

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26/11/2021
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AfCFTA has the potential to lift millions out of poverty

THE African Free Trade Area (AfCFTA) has the potential to lift millions of people out of poverty and end food insecurity on the Continent, but Nigeria has not been positioned as the ‘real’ stakeholder for agro-export under this agreement, the Chairman of the Nigeria Agro Committee on AfCTA, Captain John Okakpu, has said.

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AfCFTA has the potential to lift millions out of poverty

Speaking on a radio programmed monitored by Vanguard Maritime Report, Okakpu stressed that the effectiveness and implementation of government policies, especially in the agricultural sector would make or mar these policies as well as the country’s participation and gain from AfCFTA.

He also said that AfCFTA will form a 3.4 trillion dollars economic bloc, which Nigeria cannot afford to miss  out.

Available reports show that trade between African nations in agricultural products as a percentage of Africa’s total agricultural trade remains below 20 percent long, one of the lowest in any region.

AfCFTA has the potential to lift millions out of poverty

Source: Vanguard Ng
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