Empowering Economic Growth: The Impact of Services Trade
Today’s interconnected global economy underscores the critical role of services trade. A recent report, “Trade in Services for Development: Fostering Sustainable Growth and Economic Diversification,” highlights its significance in driving GDP, employment, and economic resilience, especially in the post-COVID-19 era. Services trade is essential for export diversification, productivity growth, and technological adoption, offering developing economies […]
AfCFTA Challenges and Their Impact on African Market Integration.
Recent insights from FDI Intelligence highlight the challenges hindering the effective implementation of the African Continental Free Trade Area (AfCFTA) among African nations. These challenges, compounded by infrastructure deficits and limited access to finance, pose significant barriers to achieving a unified African market. As of May 30, 2024, the AfCFTA has been in force for […]
