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Journal of Public Administration (JOPA)

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ISSN : 2
Operational Metamorphosis of the Africa Continental Free Trade Area From Within: An Intra-Africa Continental Perspective

Author: Nhlanhla Mlitwa and Kedibone Phago

Affiliation: 1Graduate School of Business Leadership, University of South Africa 2North-West University

Source: Journal of Public Administration, 2024-03-19 10:13:30

Accreditation: Department of Higher Education and Training (DHET)



Abstract: Operational Metamorphosis of the Africa Continental Free Trade Area From Within: An Intra-Africa Continental Perspective

Africa and its AU economic development structure are meant to be a formidable economic block, on equitable competitive par with the North America Free Trade Agreement (NAFTA), Southern Common Market (MERCOSUR), Association of South-east Asian Nations (ASEAN), and the European Union (EU) (most appropriately), given its size and potential. A competitive edge for global economics has been a convergence of intra-continental trade and tariffs – marked by free movement of citizens and goods. In Africa, however, intra-continental trade remains very low, with heavy dependence on foreign markets for its total trade. Extra-Africa imports, for example, amounting to an 86% average, with Extra-Africa exports amounting to an estimated 83% average at the time of writing.