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Ethiopia

Ethiopia

2. AfCFTA will have cascading effects. It will drive the structural transformation of economies—the transition from low-productivity, labor-intensive activities to higherproductivity, skills-intensive industrial and service activities—which, in turn, will produce better-paying jobs and reduce poverty. By promoting intra-African trade, the agreement will foster a more competitive manufacturing sector and promote economic diversification.

The removal of tariffs will create a continental market that encourages companies to benefit from economies of scale and enable countries to accelerate their development (Signé 2020;

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