HIGHLIGHTS A new agreement creating Africa’s first continent-wide free trade area could generate greater economic benefits than previously estimated. The African Continental Free Trade Area (AfCFTA), if fully implemented, could raise incomes by 9 percent by 2035 and lift 50 million people out of extreme poverty. To realize its potential benefits, the agreement must accomplish its most ambitious goals, which include harmonizing policies on e-commerce, investment, and intellectual property. The African Continental Free Trade Area (AfCFTA) could deliver far greater benefits in terms of jobs, growth, and poverty reduction than…
Read MoreFree Trade Deal Boosts Africa’s Economic Development
