Zlecaf is expanding its reach to North Africa

Secretariat of the African Continental Free Trade Area (AfCFTA) and N Gage Consulting signed a Memorandum of Understanding (MoU) with the aim of strengthening the implementation of the AfCFTA in Africa, with a focus on North Africa and Arabic-speaking countries, while mobilizing the full potential of this initiative through targeted actions with a positive impact in Africa.

The memorandum was formally signed by Wamkele Mene, Secretary General of AfCFTA, as well as Karim Refaat, President of N Gage Consulting, and Dr. Sherif Fahmy, Director General.

The AfCFTA was established with the laudable objective of removing trade barriers between African nations, with the ambition of creating a single market of 1.3 billion people with a combined economic potential of $3.4 trillion annually.

As the largest free trade area in the world, AfCFTA aims to intensify intra-African trade and promote regional economic integration, thus contributing to the continent’s sustainable and social development, creating employment opportunities and fighting poverty.

Within this alliance, both parties undertake to consolidate their cooperation and promote specific activities, including holding webinars, organizing productive brainstorming sessions, public-private dialogues, as well as creating monthly newsletters intended to disseminate relevant information through social media. platform, with the aim of raising the awareness of the private sector and government entities about the objectives of the AfCFTA, while emphasizing its trade-led initiative and its role in strengthening trade between member states.

» Moreover, this cooperation will make it easiers preparations for the AfCFTA Business Forum and the Intra-African Trade Fair (IATF), as well as the implementation of various capacity-building programs for the benefit of member states with the aim of stimulating intra-African trade and promoting the establishment of public-private partnership (PPP) projects to support infrastructure investments”, announced is.

This partnership aims to promote AfCFTA as an instrument of trade liberalization and driver of sustainable development, while strengthening intra-African trade as a vector of economic diversification and industrialization.

N Gage Consulting, a leading government relations and public policy firm in the Middle East and North Africa region, is strongly committed to supporting the AfCFTA and deploying all necessary resources to increase and expand its cooperation with the Secretariat in order to increase African trade integration.