Let's welcome the new African free trade zone!

In a BBC article it was estimated that the new African free trade zone of 26 countries has a combined GDP of $624bn (£382.9bn).
The coming together of these countries should also help them cope better with the adverse effects of the international economic climate.

This agreement between the leaders of the existing African trading blocks, namely the Southern African Development Community (SADC), the East African Community (EAC) and the Common Market for Eastern and Southern Africa (Comesa), will help strengthen the bloc's bargaining power when negotiating international deals.

It should also help intra-regional trade, boost growth, and fight poverty.

Views: 112

Add a Comment

You need to be a member of Business Fights Poverty to add comments!

Join Business Fights Poverty

Latest Activity

Ashleena Deike updated their profile
12 hours ago
Raysa Paredes Seminario updated their profile
13 hours ago
Profile IconAlbert Kunnen, Andres Romero Cortina, Raysa Paredes Seminario and 5 more joined Business Fights Poverty
13 hours ago
Profile IconZahra Khan, Guillermo Carvajal, Rafael Rey de Castro and 11 more joined Business Fights Poverty

© 2015   Inspiris. Business Fights Poverty is the world's largest network of business and development professionals.

Badges  |  Report an Issue  |  Terms of Service