April 28, 2020 / 2:54 PM / a month ago

African free trade deal postponed due to coronavirus - AfCFTA Sec Gen

LAGOS, April 28 (Reuters) - The implementation of a mammoth African free trade agreement will not begin on July 1 as planned due to disruptions caused by the new coronavirus, a key official said on Tuesday.

“It is obviously not possible to commence trade as we had intended on 1 July under the current circumstances,” Wamkele Mene, Secretary-General of the African Continental Free Trade Area said during a conference call.

The continental free-trade zone would, if successful, create a $3.4 trillion economic bloc with 1.3 billion people across Africa. (Reporting By Libby George and Alexis Akwagyiram; Editing by Catherine Evans)

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below