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ECA urges promotion of policies to attract Green investment through AFCFTA
News Update
Published on 05/17/2023

The Economic Commission for Africa(ECA), says Africa should promote policies and infrastructural development to attract Green investment and boost trade through the African Continental Free Trade Area(AFCFTA).

Antonio Pedro, the acting executive secretary of ECA said this in Abu Dhabi at the Africa Regional Session of the 12rh Annual Investment, with the theme,"An investment Paradigm shift for Africa". Pedro said,"To reap the AFCFTA opportunities, we must address Africa's infrastructure gap. He also said,"To attract sustainable cross border investments to Africa, hard and soft infrastructure must be addressed.

He therefore called on African countries to support the implementation of the AFCFTA with harmonized regional, continental, and national trade and policies that would help move from ideas to actions.

Pedro said, the AFCFTA had the mandate of eliminating trade barriers, it would be the largest free trade area in the world bringing together 54 countries.

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