Wamkele Mene, Secretary General, African Continental Free Trade Area (AfCFTA) Secretariat/UN Photo
Biennial Lecture and Dialogue of the Brown Capital Management Africa Forum
On December 14, 2021, the Brown Capital Management Africa Forum will host an event featuring H.E. Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat.
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Please join the Wilson Center Africa Program for the inaugural Biennial Lecture and Dialogue of the Brown Capital Management Africa Forum on December 14, 2021 featuring H.E. Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA) Secretariat.
The AfCFTA is poised to transform Africa into the largest free trade zone in the world, connecting a market of more than 1.2 billion people and a combined GDP of $3.4 trillion (AfCFTA Secretariat). The agreement aims to boost intra-African trade and promote sustainable development across the continent by reducing tariff and non-tariff barriers, including customs delays and high trading costs, thus increasing competitiveness and resilience of African markets. Its impact will reach far beyond Africa into the global trade regime.
On January 1, 2021, trading commenced under the AfCFTA. Implementation of the agreement is ongoing. For example, in September 2021 the Pan-African Payment and Settlement System (PAPSS)—a tool to facilitate and simplify cross-border transactions—was rolled out, and as of October 2021, 38 of 54 signatories have ratified the agreement with three more countries preparing to do so soon.
This event will assess the significance and status of the AfCFTA; discuss key challenges in the road ahead; and, more importantly, highlight opportunities AfCFTA presents for Africa and its international partners to boost trade and investment and foster sustainable economic growth.
This event will take place as a live webcast. Click the ‘RSVP for Event’ button above to register to attend.
Launched in September 2015, the Brown Capital Management Africa Forum provides a premier platform for substantive and solutions-oriented dialogue on key trade, investment, and development issues in Africa, and in U.S.-Africa relations. Convening business leaders and policymakers, as well as subject matter experts from the United States and Africa, the Brown Capital Management Africa Forum sponsors a series of public events designed to support the development of economic engagement and policy options that advance mutually beneficial economic relations between Africa and the United States. The Brown Capital Management Africa Forum is made possible by the generous support of Brown Capital Management.
More information about the Brown Capital Management Africa Forum can be found here: https://www.wilsoncenter.org/article/the-brown-capital-management-africa-forum.
The Africa Program works to address the most critical issues facing Africa and U.S.-Africa relations, build mutually beneficial U.S.-Africa relations, and enhance knowledge and understanding about Africa in the United States. The Program achieves its mission through in-depth research and analyses, including our blog Africa Up Close, public discussion, working groups, and briefings that bring together policymakers, practitioners, and subject matter experts to analyze and offer practical options for tackling key challenges in Africa and in U.S.-Africa relations. Read more