Joy Categicwa, Director of Regional Integration into African Development Bank (Bad), said during a ministerial to regional integration in Casablanca, the commitment of the institution in favor of a stronger and stronger Africa.
“Africa’s economic transformation depends on our ability to integrate. The Continental African Free Trade Area (Zlecaf) is a golden opportunity to create a uniform market that releases business potential, stimulates industrialization and creates jobs“A young joy is ordered.
With a potential of 1.5 billion consumers and a cumulative GDP of $ 3.400 billion, the Zlecaf could increase by 52 % by 2035.
Categekwa also remembered that the bathroom has invested tens of billions of dollars in important infrastructure, which emphasized the importance of intensifying these investments to remedy an estimated deficit of over 130 billion dollars a year.
It has identified the harmonization of commercial standards and investments in digital infrastructure as an essential lever to strengthen regional integration.
Joy category also has a co-industrialization strategy to improve industrial synergies, which emphasizes several bad projects to strengthen regional connectivity.
At the end of the event, the participants confirmed their determination of accelerating the implementation of the Zlecaf and developing concrete measures to build up a more integrated and productive Africa.
