Browsing: Agenda 2030

Africa does not need a Marshall plan to ride out the ongoing coronavirus crisis since it has a more powerful tool in the African Continental Free Trade Area (AfCFTA).

The continent can use the AfCFTA in accelerating regional and economic integration and prepare for uncertain times.

Economic Commission for Africa (ECA), Executive Secretary, Vera Songwe adds that integration is key for Africa’s growth and attainment of Agenda 2030 for sustainable development and Africa’s development aspirations as found in Agenda 2063.

“We need to talk about Africa and AfCFTA. Our Marshall Plan is the AfCFTA. The AfCFTA is our plan so let us take it and run with it,” she said during the inaugural Africa Integration Day that was set aside by the African Union to mark the implementation of the AfCFTA.

Read: Intra-regional trade could create 2 million new jobs for East Africa

Songwe said with the AfCFTA, Africa had …