African Trade Fair 2021: ‘Africa open for business,’ says Ramaphosa

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Economists have lauded the five-day Intra African Trade Fair 2021 – officially opened by President Cyril Ramaphosa in Durban on Monday – as a significant step “towards reviving the African Continental Free Trade Area (AfCFTA) from losing momentum”. This despite AfCFTA having not gone far enough to ignite the much-anticipated intra-trade and economic growth in Africa. Trade in Africa ‘Unemployment negative role’ Leading economist Mike Schussler said AfCFTA was about the movement of goods and people. “It is about tourism and transport services that can be delivered”. “In terms of what has gone wrong, I think huge unemployment has played…

Source: citizen