Kagame: AfCFTA implementation ‘not moving at the right pace’

Rwandan President Paul Kagame has voiced frustration over the sluggish progress of the African Continental Free Trade Area (AfCFTA). He cautioned that the continent is not moving quickly enough to harness the economic benefits of the trade bloc.

Kagame emphasized the need for accelerated implementation, suggesting that current efforts are insufficient to achieve the ambitious goals set for the AfCFTA. His remarks highlight a growing concern among African leaders about the practical challenges and delays hindering the full operationalization of the trade agreement.

The AfCFTA aims to create a single market for goods and services across Africa, boosting intra-continental trade and fostering economic development. However, its implementation has faced various hurdles, including logistical issues, differing national regulations, and a lack of political will in some areas. Kagame's statement underscores the urgency required to overcome these obstacles and unlock the continent's vast economic potential.

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AfCFTA implementation is not moving at the right pace.