Boosting Intra-African Trade
What role does context play for African countries under the African Continental Free Trade Area's (AfCFTA) IP Protocol? This blog argues that the IP Protocol provides an opportunity to systematically and comprehensively incorporate IP-related issues into the AFCFTA development-oriented agenda.
The objective of the fellowships is to provide technical support for the successful implementation of ATPC’s activities, including supporting a number of activities related to assisting member states and RECs in boosting intra-African trade and fast tracking the AfCFTA, as well as in supporting technical trade policy activities.
The AfCFTA seeks to change the manner in which African states trade with each other. The existence of the AfCFTA is what Roscoe Pound termed using the law as a tool of social engineering. The African Union in creating the AfCFTA intended to promote, facilitate and eventually experience free intra-African trade. This review appreciates the AfCFTA but seeks to criticize a loophole it has created
The AfCFTA will over a period of 15 years after entry into force progressively eliminate tariffs on intra-African trade, making it easier for African businesses to trade within the continent and cater to and benefit from the growing African market. Consolidating this continent into one trade area provides great opportunities for trading enterprises, businesses and consumers across Africa and the chance to support sustainable development in the world’s least developed region.