Africa’s 1.2 billion people, its rich natural resources, and the improving political stability in many of its nations have positioned the continent for meaningful economic growth in the coming years. The African Continental Free Trade Agreement (“CFTA”), developed and brokered by the African Union, would significantly expand intracontinental trade and remove oppressive tariffs and other barriers that hinder prosperity in the region.
Jones Day partner Javade Chaudhri talks about the current status of the CFTA, and what companies considering investment or expansion in Africa should know now.
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