A digital platform to ease trading activities across the African continent has just been launched by The Africa Continental Free Trade Area (AfCFTA) Secretariat.
The initiative is an interconnect public utility for national, and international, intergovernmental, private and digital partnership platforms established to connect businesses for the purpose of a successful free trade area.
The hub is created to grow a solely trusted inventory of services required to work the AfCFTA for small businesses, in this way making the initiative the most comprehensive Free Trade Area internationally.
According to the Secretary General, AfCTA, Wamkele Mene,“It is important to ensure the centrality of SMEs, startups and female entrepreneurs as we strive to build the world’s most inclusive, most innovative and most integrated Single Market,”
There are seven countries thst have been selected, which includes Kenya, to begin trading under the AfCFTA structure in a pilot phase to samlke the environmental and legal laws established for intra Africa trade.
After being selected, Kenya took the step to launch its own National AfCTA fulfilment plan to scale the implementation of the AfCFTA.
The Scheme identifies important export product and department for goods and services in line with the Kenyan national development goals and plans. This should include the Big Four Agenda and the Integrated National Export Development and Promotion Strategy (INEDPS).
The AfCFTA National Implementation Strategy launching in Kenya is one of the important acts by the EU-funded project: “‘Deepening Africa’s Trade Integration through Effective Implementation of the initiative to support Economic Integration’ of which is a total Eight Million Euros.
The AfCFTA Hub program and ongoing activities among the AfCFTA Hub Network, the Kenya Export Promotion Agency and other government of Kenya agencies form one of the foundations on which Kenya’s engagements in the AfCFTA pilot initiative rests.