Africa's Share of Global Trade Remains Under 3 Percent Despite AfCFTA-Report

March 4, 2024--A report by the Economic Commission for Africa (ECA) Africa's has stated that contribution to global trade remains at less than 3%.
The report on assessment of progress on regional integration in Africa shows Africa's regional integration agenda is progressing, but slowly.

It added that the programme for infrastructure development in Africa has seen mixed results in its efforts to enhance infrastructure.

While progress has been made in the areas of roads and ICT, advancements in rail transport and energy infrastructure have been minimal with financing posing a significant hurdle.