Africa: Plans to Boost Intra-Africa Trade Underway

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Africa: Plans to Boost Intra-Africa Trade Underway
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The African Continental Free Trade Area (AfCFTA) with support from the World Food Programme (WFP) and in collaboration with the Ghana Community Exchange convened a meeting of heads of African commodities exchanges and associated entities in Accra, Ghana, recently to establish an Association of African Commodities Exchanges under the AfCFTA...

The African Continental Free Trade Area with support from the World Food Programme and in collaboration with the Ghana Community Exchange convened a meeting of heads of African commodities exchanges and associated entities in Accra, Ghana, recently to establish an Association of African Commodities Exchanges under the AfCFTA umbrella.

The Zimbabwe Mercantile Exchange along with other 15 African commodity exchanges participated in the forum held in Ghana and subsequently joined and became pioneer members of the General Assembly of the Association of African Commodities Exchange . Trade ministry officials from participating countries attended the meeting.

The A-ACX adopted several key next steps including the signing of a memorandum of understanding at a trade meeting in Cairo shortly to formalize the A-ACX.

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