Infrastructure Essential for Africa Continental Free Trade Area (AfCFTA) Economic Integration

February 5, 2024

Image: courtesy of tanzaniainvest.com

The two articles combined, (see below) by PD Lawton, (africanagenda.net), provide a clear conception of how Africa will increase its economic integration through the expansion of regional railway systems. Massive expansion Infrastructure, such as rail, road, water, and especially electricity, is the only way Africa will realize the goals of Africa Continental Free Trade Area (AfCFTA).

The interview with the Director General of Tanzania Railway Corporation, (watch below) is an exciting overview of Tanzania’s commitment to regional economic growth by investing in new railroads, such as the Central Corridor Tanzania SGR.

At the Durban launch President Ramaphosa spoke of the days of Africa being the raw materials market for the global North were over. It is time for the world to meet Made in Africa.

President Cyril Ramaphosa officiated the launch of South Africa’s first shipment under the preferential trading agreement of the African Continental Free Trade Area (AfCFTA) on 31 January 2024 at the Port of Durban, Kwa Zulu Natal. The shipment to Ghana includes refrigerators [1] home appliances and mining equipment.

This is an historic event for the entire continent as it marks the practical realization of the AfCFTA Agreement which was inaugurated on the 1 January 2021.

AfCFTA is expected to increase the size of Africa’s economy to $29 trillion by 2050.

Read President Ramaphosa’s remarks below.

Read below the detailed outline of the phases for construction of the Central Corridor Tanzania SGR

Lawrence Freeman is a Political-Economic Analyst for Africa, who has been involved in economic development policies for Africa for over 30 years. He is a teacher, writer, public speaker, and consultant on Africa. Mr. Freeman strongly believes that economic development is an essential human right. He is also the creator of the blog:  lawrencefreemanafricaandtheworld.com