In this enlightening episode of Mogobe's Nuggets Of Wisdom Podcast, Speaker, Serial Entrepreneur, Attorney and Property Investor Mompoloki Lerumo Mogobe has a chat on Unpacking The Africa Continental Free Trade Agreement/Area on Gabs FM. Objectives of African Continental Free Trade Agreement
1. Establish a single market for goods and services facilitated by the movement of people to deepen the economic integration of the African continent and in alignment with the Pan African vision of an (Integrated, prosperous and peaceful Africa) by the year 2063.
2. Create a liberalised market for goods and services through successive rounds of negotiation.
3. Lay the foundation for establishment of a continental customs union at a stage.
4. Promote and attain sustainable and inclusive socio-economic development, gender equality and structural transformation of the states.
5.Enhance the competitiveness of the economies of state parties within the state within the continent and global market.’
6.Promote industrial development through diversification and regional value chain development, agricultural development, agricultural development, and food security.
7.Eliminate tariffs and non-tariff barriers to trade in goods.
8. Resolve the challenges of multiple and overlapping memberships and expedite the regional and continental integration processes.