Economic Free Trade Unions : hope for Africa’s development
Effective since January, 1st 2021, the African Continental Free Trade Area (AfCFTA) represents a market of 1.2 billion people for a combined GDP of 2.5 trillion dollars. The AfCFTA is expected to be the largest free trade area in the world and a real driver towards economic integration and self-sufficiency, promoting local production.
As a historic foreign trade bank established in 1959 by Dahir with the aim of supporting foreign trade operations, BANK OF AFRICA is now involved in supporting intra-African trade through its extensive continental network.
Source : Africa Renewal Magazine, January 2021