INVESTMENT expert Lionel Marumahoko says local businesses should take advantage of the African Continental Free Trade Area (AfCFTA) to explore business opportunities across the continent.
AfCFTA is the world’s largest free trade area, bringing together 55 countries of the African Union and eight regional economic communities.
Established in 2018 and operationalised in January 2021, AfCFTA creates a market of 1,3 billion people and a combined gross domestic product of US$3,4 trillion.
“Africa is presenting phenomenal opportunities for businesses across the continent, especially with this single market that is now playing out. The AfCFTA presents huge opportunities for local businesses.
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