Africa Map

African Press Agency

African Press Agency Logo
   

 Home
 Country Profile
 Useful Links
 Contact us

Home

Africa/Intra-TradeBack
[Published: Wednesday October 22 2025]

 Call to boost intra-Africa trade

 
LONDON, 22 Oct. - (ANA) - Policymakers should focus on accelerating implementation of Africa’s free trade area to make the continent more resilient to global shocks, the secretary general of the African Continental Free Trade Area Secretariat said.
 
Wamkele Mene, speaking at the FT Africa Summit in London, conceded that trade was not happening “at the pace that we would like to see” within the AfCFTA, which in 2018 became the world’s largest free trade area by territory. 
 
Mene said Washington’s “disregard for trade rules” and the expiration of the AGOA preferential trade agreement with the US highlighted the need for Africa to “build a domestic market,” by establishing reliable supply chain networks and using transport logistics to improve trade.
 
Boosting trade between nations on the continent is widely seen as a crucial step towards strengthening economic development. Intra-African trade reportedly made up just 14% of total African trade in 2024, compared to around 60% intra-regional trade for both Asia and Europe.   - (ANA) -
 
AB/ANA/22 October 2025 - - -
 
 
 

North South News website

Advertise banner

News icon Trump/No Tariff Threats
News icon Trump/Sonic Weapon
News icon Syria/SDF/Ceasefire
News icon Davos/Leaders Remarks
News icon UAE/US Gaza Peace Board
News icon Gaza/Growing Fears
News icon Jerusalem/Churches Threatened
News icon Gaza/fatal respiratory virus
News icon Gaza/Trump Peace Council
News icon UNRWA HQ/Demolished by Israel

AFRICAN PRESS AGENCY Copyright © 2005 - 2007