©ACDI/VOCA
FIELD REPORT
New Trade Agreement to impact Africa’s poultry industry The African Union, a continental organization of 55 African countries, has recently launched the operational phase of the Africa Continental Free Trade Area (AfCFTA), which is expected to be the world’s largest free trade area on account of the number of countries, in bid to establish a single market for traded goods such as poultry and poultry products and trade services.
By Shem Oirere
24
The AfCFTA Agreement, which comes at a time when Intra-Africa trade has been historically low with exports within the region estimated at 16.6% of total exports in 2017, compared with 68% in Europe and 59% in Asia, promises to create “a clear, transparent, predictable and mutually-advantageous rules to govern trade in goods and services, competition policy, investment and intellectual property.”
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