An Integrated, Prosperous and Peaceful Africa.

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Positioning SMEs in Africa to tap into and benefit from the AfCFTA.

Positioning SMEs in Africa to tap into and benefit from the AfCFTA.

February 01, 2020

The African Continental Free Trade Area (AfCFTA) will cover a market of 1.2 billion people and a gross domestic product (GDP) of $2.5 trillion, across all 55 member States of the African Union. In terms of numbers of participating countries, AfCFTA will be the world’s largest free trade area since the formation of the World Trade Organization. Trade and Industry Commissioner Amb. Albert Muchanga talks about capacity building for the small and medium-sized enterprises in Africa. SMEs account for around 80 per cent of the region’s businesses and mostly usually struggle to penetrate more advanced overseas markets. However, with AFCFTA, the SMEs are well positioned to tap into regional export destinations and can use regional markets as stepping stones for expanding into overseas markets at a later point.

Department Resources

September 19, 2020

The African Union Commission (AUC) envisions “an integrated continent that is politically united based on the ideals of Pan Africanism an

June 24, 2020

Highlights of the cooperation with the GIZ-project “Support to the African Union on Migration and Displacement”

June 24, 2020

Violent extremism is a global issue.

February 10, 2022

Agenda 2063 is Africa’s development blueprint to achieve inclusive and sustainable socio-economic development over a 50-year period.

November 06, 2024

In a world where every click, every share, and every tweet can broadcast one’s thoughts to a global audience, the digital realm has becom