Africa forfeits an estimated $5 billion every year due to currency conversion bottlenecks that continue to undermine intra-continental trade, the African Continental Free Trade Area (AfCFTA) secretariat has warned.
Nigeria’s digital infrastructure took a significant step forward with the commissioning of Africa’s largest fibre optic cable factory and the continent’s first fibre-reinforced plastic manufacturing facility.
The Federal Government of Nigeria is intensifying efforts to implement the African Continental Free Trade Area (AfCFTA) agreement, aiming to boost the country’s Gross Domestic Product (GDP) growth by 40% by 2030.
The Federal Government, through the Nigeria AfCFTA Coordination Office, has trained Directors and key officers of the National Agency for Food and Drug Administration and Control (NAFDAC).