The African Continental Free Trade Area (AfCFTA) could deliver far greater benefits in terms of jobs, growth, and poverty reduction than previously estimated – making it a potential game changer for Africa’s economic development if its ambitious goals are fully realized.

Download the report ⬇️

The deal creates a continent-wide market embracing 55 countries with 1.3 billion people and a combined GDP of US$3.4 trillion. Its first phase, which took effect in January 2021, would gradually eliminate tariffs on 90 percent of goods and reduce barriers to trade in services. That could raise income by 7 percent, or $450 billion, by 2035, reducing the number of people living in extreme poverty by 40 million, to 277 million, according to a World Bank report published in 2020.

Read more:
👇
https://www.worldbank.org/en/topic/trade/publication/free-trade-deal-boosts-africa-economic-development

  • (FRANÇAIS)
    Dernière mise à jour: oct. 06, 2021

Commerce extérieur

Le commerce extérieur est un moteur de la croissance : il crée des emplois, réduit la pauvreté et ouvre des perspectives économiques. Le Groupe de la Banque mondiale aide ses pays clients à améliorer leur accès aux marchés des pays développés et à accroître leur participation à l’économie mondiale.

Lire plus:
👇
https://www.banquemondiale.org/fr/topic/trade/overview

  • Some pictures from WB / Quelques images de la BM