Welcome to Africa Trade House!
The global Trade & Exhibition Center and partnership platform for African trade & Business development.
With the establishment of the Africa Continental Free Trade Area (Afcfta), Africa becomes the largest single common market on earth.
Currently, Africa has a population of over 1.4 billion people.
With the stable annual population growth of 2.4%, Africa is projected to house a population of over 2.5 billion people by the year 2050.
Besides that, Africa having over 65% of its vast and vibrant population being within the age of 26 years old; this makes Africa the youngest continent and very promising to global development.
To this end, issues like Health care, Agriculture and Food processing, Housing and Construction, Information Technology, Power Supply, clean water, Artificial Intelligence (Ai), Sports & Recreation, Broadband development, as well as other critical sectors of the economic development and citizens welfare become crucial to the continent's future.
It is therefore important that we intensify our efforts in trade and partnership development, first and foremost, amongst the 54 member states (countries) within the African Union, and as well, solidify our cooperation and establish new partnerships with other countries, regions and continents outside the #AFCFTA and Africa.
#AfricaTradeHouse also promote Local contents, #MadeInAfrica regional #Market African Brands, Technology & Products development The Trade House concept is therefore targeted to support the manufacturing through production and distribution of goods and services, within and outside the continent, as well.
#PAPSS
The establishment of the #AFCFTA has become the catalyst for improving Intra-Africa trade and infrastructural development.
This development has generated greater numerous opportunities, not only in job creation, but also enable the creation of new platforms, policy institutions, complex systems which optimizes powerful solutions for resolving complex problems.
One of these problems is the instrument of payment and settlement amongst Africans, businesses and organizations, both public and private entities.
Removing bottlenecks in trading activities within the AFCFTA has been identified as a trigger for smart intra-Africa trade to fast track progress, grow confidence across board; the incentives & advantages must spread on mass communication, business channels, SMEs, manufacturers, govt. and all platforms.
The Pan-African Payment and Settlement System (PAPSS) was lunched and tested successfully since 2021. Now this instrument has already been linked to All the Central Banks of member states and many commercial banks have already keyed into the payment system.
Comments
Post a Comment