Abidjan hosted the 12th edition of the Builders of the African Economy forum on Thursday, 29 September 2022, dedicated to the promotion of the African Continental Free Trade Area (AfCFTA). Held in the Plateau district, the event emphasized the role of the AfCFTA in advancing economic integration across the continent.
Themed "Economic Integration in the AfCFTA Era," the forum sought to boost intra-African trade by streamlining business processes across Africa.
Yéo Nouho, Director of Cabinet representing Côte d’Ivoire's Minister of Planning and Development, reiterated that the initiative aligns with President Alassane Ouattara's vision for regional integration and sustainable development. "Côte d’Ivoire intends to contribute to the accelerated implementation of this regional integration instrument," stated Mr. Yéo.
Russel Lohoré, the promoter of the Builders of the African Economy, highlighted the transformative potential of the AfCFTA, noting its capacity to eliminate duties and taxes on goods traded within Africa. "This agreement is a step toward enhancing a country's economic attractiveness while offering local entrepreneurs’ opportunities to engage with industry leaders and contribute to development," said Russel Lohoré.
The AfCFTA will allow to increase trade among African countries, facilitate economic integration, and reduce poverty. It is envisioned as a tool to help propel African nations toward sustainable development and prosperity.
Established in 2006, the Forum of African Economic Builders serves as a platform to celebrate excellence and foster entrepreneurship and business growth across the continent.
(Credit: AIP)