The 15th Council of Ministers Meeting of the African Continental Free Trade Area (AfCFTA) convened in Addis Abeba last week, bringing together stakeholders to discuss boosting trade integration and sustainable development on the continent. The AfCFTA aims to transform small and fragmented markets into a single market of over 1.4 billion people, looking to ensure heightened growth and development. It will enhance Africa's collective bargaining power on the global stage and aligns with the commitment to sustainable development goals and the African Union's Agenda 2063. Ethiopia, represented by the Ministry of Trade and Regional Integration has participated in the AfCFTA negotiation process and initiating pilot trades through the Guided Trade Initiative. The AfCFTA Secretary-General, Wamkele Mene, stressed the importance of accelerating implementation at the national level, emphasizing the need for the inclusion of the private sector, youth, and small and medium enterprises.
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