Business bemoans slow AfCFTA take-off

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THE Zimbabwe National Chamber of Commerce (ZNCC) has bemoaned the slow implementation of the African Continental Free Trade Area (AfCFTA), which it says will diversify exports, accelerate growth and attract foreign direct investment when in full swing.
AfCFTA was launched in January last year and will give African businesses access to a market of 1,3 billion people across 54 countries with a combined gross domestic product (GDP) of approximately US$3,4 trillion.

“Zimbabwe was one of the first 15 African countries to sign the AfCFTA agreement. However, implementation has been slow, not only in Zimbabwe but across the continent.