Category: FTA

Handbook on special economic zones in Africa

 Towards economic diversification across the continent Special economic zones are widespread across the developing world. Policymakers seek to develop special economic zones with the aim of attracting foreign direct investment, achieving higher experts and creating jobs. Indirect economic benefits range from upgrading of the local industrial base to being catalysts for innovation, knowledge and technological spillovers. Against a backdrop of growing global interest in zone-based development strategies, an increasing number of countries are adopting new special economic zone regimes […]

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African Development Bank and AfCFTA Secretariat partner to stimulate industry

African Development Bank Group President, Dr. Akinwumi A. Adesina, said on Friday that the Bank will integrate the African Continental Free Trade Area (AfCFTA) into its country and regional integration strategies. Receiving AfCTA Secretary-General Wamkele Mene, in Abidjan on 29 October, Adesina said “the implementation of the free trade area will become a key component of the Bank’s lending program. We want to have a critical mass of AfCFTA-aligned investments.” Adesina said the Bank would support the AfCTA Secretariat in […]

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