Economics, Econometrics and Finance
4 years ago

African trade boosted by Belt and Road Initiative infrastructure investment

Journal of Global Economics and Business
The Belt and Road Initiative and the Implementation of the African Continental Free Trade Area (AFCFTA) in An Emerging Regional Arrangement
Sheriff Ghali Ibrahim, Farouk Ibrahim Bibi-Farouk, Abdulkareem Abdullahi

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The article explores how the Belt and Road Initiative can help African countries implement the African Continental Free Trade Area. It suggests that this initiative can provide infrastructure and investment to help African nations specialize in key areas and increase trade opportunities. The paper emphasizes the importance of avoiding past exploitative relationships and highlights the potential for mutual benefits in cooperation between Africa and China. The key recommendation is for Africa to focus on industrial growth and technological advancement to support the goals of the African Continental Free Trade Area.