The moment for Africa to become a serious player in global value chains is now or never. With solid political momentum behind the Africa Continental Free Trade Area (AfCFTA), we have a window of opportunity to improve regional value chains and further upgrade into global value chains (GVCs).
The free trade area brings together 55 countries with a population of over 1.3 billion and a combined gross domestic product valued at $34 trillion and has the potential to bring over 30 million people out of poverty.