Wednesday, November 13, 2024

Positioning businesses to trade under AfCFTA

The African Continental Free Trade Area (AfCFTA) agreement is a development instrument that provides an opportunity for businesses to export to other African countries, thus boosting intra-African trade. Yet, Ethiopian businesses lack relevant information on product entry requirements, and on processes and procedures to access the single African market.
To bridge the gap, the Pan African Chamber of Commerce and Industry (PACCI) in partnership with Initiative Africa, Ethiopian Chamber of Commerce and Sectoral Association and Center for International Private Enterprise held a workshop for Ethiopian businesses on how to trade under the AfCFTA.
The participants of the workshop noted that an integrated approach to business ecosystem support to enable businesses take full advantage of the available opportunities of the AfCFTA is critical. “Our business development services seek to provide platforms that support national priorities to unlock the enormous transformative potential of Ethiopian companies to power Africa’s long-term prosperity,” organizers of the workshop said.
The workshop dubbed “Positioning your Business for the African Market: A worshop on exporting under AfCFTA,” was held from July 12 to 13 at Bonanza Hotel.

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