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Intra-African trade accounts for only 14 per cent of total trade in Africa, lagging behind other regions. [AfCFTA]
The annual celebration of Africa Day commemorates the founding of the Organisation of African Unity (OAU) in 1963, now known as the African Union. As the OAU reaches its diamond jubilee in 2023, representing 55 member states of the African Continent, the focus of this year's celebration under the theme "Our Africa, Our Future" lies on the vision and implementation of the African Continental Free Trade Area (AfCFTA).
With the African Union's theme for this year being the Acceleration of AfCFTA Implementation, the significance of this trade pact cannot be overstated.
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