African Continental Free Trade Zone, said to boost African economies

By NOELA EBOB BISONG A free-trade zone (FTZ) is a class of special economic zone; a geographical space where goods and services may be landed, stored, handled, manufactured or re-configured without any payment of customs duty. The African Continental Free Trade Zone launched by the African Union Summit in Niamey, Niger on July 7, 2019 is said to bring many advantages to the continent, by promoting African economic integration through establishing a common market. The African Free Trade Zone it should be recalled was established on March 21st, 2018 and its main instruments include: the institutional framework, the protocol on…