Intra - Africa Trade
Building Bridges for Prosperity
Embedded Files
In 2018, Over 44 African Governments Signed the African Continental Free Trade Area Agreement
In 2018, Over 44 African Governments Signed the African Continental Free Trade Area Agreement
The goal of the African Continental Free Trade Area agreement is to remove technological, social and economic barriers to allow the free movement of goods and services, people, ideas, and capital across the continent of 1.3 billion people.
AfCFTA has the potential to increase Intra-African trade by 81% and boost wages by 10% by 2035
AfCFTA has the potential to increase Intra-African trade by 81% and boost wages by 10% by 2035
AfCFTA will lift 30 million people out of extreme poverty and substantially increase the income of 68 million people who are just slightly above the poverty line. By reducing trade barriers, eliminating tariffs, and harmonizing regulations, AfCFTA is set to unleash a new era of economic growth and cooperation across the continent.
Intra Africa Trade Currently Stands at About 15%. Meaning, African Countries Currently Trade More with Countries Outside Africa Than They Trade With Each Other
Intra Africa Trade Currently Stands at About 15%. Meaning, African Countries Currently Trade More with Countries Outside Africa Than They Trade With Each Other
For example, in Europe, 69% of all trade is between European countries. In Asia, 59% of all trade is between Asian countries. But in Africa, only 15% of all trade is between African countries, showcasing Africa's untapped potential for growth.
Subway Labs: Fueling AfCFTA Through Intra-Africa Trade
Subway Labs: Fueling AfCFTA Through Intra-Africa Trade
Subway Labs is committed to aligning its initiatives with the AfCFTA vision, acting as a catalyst for the realization of its objectives. Together with AfCFTA, we are writing a transformative narrative for Africa's economic future—a story of growth, sustainability, and shared prosperity. Here's how we're working together to pave the path to prosperity:
Our annual flagship event, the Buy Africa Summit, serves as a nexus where government officials, business leaders, and stakeholders converge to drive trade expansion and investment within Africa, directly contributing to AfCFTA's aspirations.
Key Highlights: Interactive panel discussions, strategic collaborations, policy dialogues, and networking opportunities. see more
We are mobilizing stakeholders of media and entertainment to create a truly innovative platform where Africa's brightest and most daring talents as boldly take the spotlight with the help of global industry experts to push beyond epic bounds and transform their unique product ideas into the next big manufacturing empire in 90days, a unique reality series where anything is possible. This is the ultimate competition for African entrepreneurs.
Key Highlights: A thrilling competition for African entrepreneurs, mentorship by industry experts, real time building of production factories and the opportunity to push creative boundaries. see more
EDDs, an initiative championed by Subway Labs, empower local communities to drive regional economic growth. They align seamlessly with AfCFTA's mission by creating economic hubs that attract investment and stimulate trade within Africa. By fostering inclusive growth and reducing trade barriers, EDDs play a vital role in advancing the AfCFTA agenda.
Key Highlights: Comprehensive regional planning, tax free economic districts for producers, investment mobilization, and sustainable development practices. see more
The Africa Trade Centre, a Subway Labs project, serves as a strategic platform connecting businesses with African-made products and services while facilitating access to international markets. It serves as a conduit for businesses to explore the vast opportunities within the AfCFTA framework.
Key Highlights: ACFTA e-commerce platform, Trade exhibitions, investment forums, and matchmaking services. see more
Page updated
Google Sites
Report abuse