The African Continental Free Trade Area (AfCFTA), the operational phase of which was launched at the 12th Extraordinary Meeting of the Summit of Heads of State and Government of the African Union, held on July 7, 2019, in Niamey, Niger, is a crucial step in the continent’s economic integration process.
Beyond the theoretical argument suggesting increased interdependence through the necessary stability that promotes trade, what contribution can the AfCFTA make to a more stable and prosperous Africa?
The Central Bank of Zimbabwe announced last week a volume of tobacco sales reaching 237 thousand metric tons this year, raising the country’s growth forecast from 4.5% to 6%. This news (re)highlights the strategic importance of tobacco production in the Zimbabwean economy continually seeking foreign currency. This chart by Stake experts shows the evolution of tobacco production in the country since 2014.Read More
What are the economic benefits of the Chinese presence in Africa? After the big announcements of the 7th Summit of the China-Africa Cooperation Forum (FOCAC, 3-4 September) Stake experts asked the question, focusing in particular on the (official) incomes of Chinese companies from infrastructure projects in each country of the continent.Read More