Making the AfCFTA Work for Women and Youth

The African Continental Free Trade Area (AfCFTA) promises to transform Africa's economic landscape, creating opportunities for women and youth. The AfCFTA aims to increase intra-African trade, support industrialization, and foster sustainable development. Implementation challenges include addressing non-tariff barriers, investing in infrastructure, and ensuring inclusive policies for the informal sector. UNDP supports the AfCFTA through initiatives that empower small businesses and promote regional integration.

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Quick Facts
Report location: source
Language: English
Geographic Focus:Africa
Publisher: United Nations Development Programme, African Union
Authors: Angela Lusigi, Ify Ogo, Jide Okeke, Joy Kategekwa, Luisa Bernal, Ahunna Eziakonwa
Page count: 102 pages

Methods

The AfCFTA's research method involves analyzing economic data, engaging stakeholders, and formulating national strategies. It includes assessing the potential impact on various sectors, identifying opportunities for export, and determining necessary measures to exploit these opportunities. The process involves collaboration among government ministries, private sector groups, and civil society organizations to develop an actionable plan for implementing the AfCFTA.

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Key Insights

The AfCFTA is expected to become the world's largest free trade zone, with significant potential for boosting intra-African trade and transforming economies. It focuses on industrialization, export orientation, and competitiveness. The success of the AfCFTA will depend on addressing non-tariff barriers, improving infrastructure, and creating an enabling business environment. Women and youth are crucial to the AfCFTA's success, and targeted support is needed to build their capacity for cross-border trade.

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Last modified: 2024/05/01 19:24 by elizabethherfel