Africa ready to commit to free trade

The African Continental Free Trade Area (AfCFTA) deal, ratified by 22 countries in April, a year after it was launched in Kigali, Rwanda, is designed to boost intra-African trade as part of efforts to transform regional economies.

The Bank is holding its 2019 Annual Meetings in Malabo, Equatorial Guinea on the theme: “Regional Integration for Africa’s Economic Prosperity.” It is being attended by top policy makers, business leaders and multilateral donors, most of whom have made speeches backing the need for stronger commitment to integration.

Abdu’s department leads the Bank’s ‘Industrialize Africa” High 5 under which several pipeline projects are expected to yield long-term results in reducing poverty and job creation.

“We continue to deliver on key infrastructure projects that catalyze private sector investments and also provide support for businesses, especially in the private sector,” he said.

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