{"id":65654,"date":"2025-03-19T06:13:34","date_gmt":"2025-03-19T06:13:34","guid":{"rendered":"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade"},"modified":"2025-04-19T19:42:29","modified_gmt":"2025-04-19T19:42:29","slug":"afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade","title":{"rendered":"Afcfta Secretary-General Pushes for Trade Aggregators to Boost Intra-African Trade"},"content":{"rendered":"

Africa-Press – Botswana. <\/strong><\/span>In a Monday interview, the SG highlighted Africa’s strategic offer to the BRICS nations, emphasizing the AfCFTA as a prime market for investment-driven trade. He also discussed the hurdles posed by currency exchange in intra-African trade and pointed to the Pan-African Payment and Settlement System as a potential solution.<\/b><\/p>\n

The Secretary-General of the African Continental Free Trade Area (AfCFTA), Wamkele Mene, has revealed renewed efforts to establish trade aggregating companies aimed at enhancing intra-African trade, media reported.<\/p>\n

He underscored the strategic importance of advancing the AfCFTA, stating that it is “more than just an economic necessity” for the continent.<\/p>\n

Mene highlighted the challenges facing multilateralism, including the weaponization of trade policies, rising economic nationalism, and growing investment protectionism. He emphasized the need for Africa to develop a pathway to navigate these unprecedented global challenges.<\/p>\n

“We convene at a time of unprecedented challenges to multilateralism,” he stated, urging stronger collaboration to ensure the successful implementation of the AfCFTA.The secretary-general also stressed the critical role of the private sector in driving the agreement’s success.<\/p>\n

“Our private sector is essential and serves as a co-implementer of the AfCFTA,” he was quoted as saying.<\/p>\n

To this end, AfCFTA, in partnership with Afreximbank, has committed $750 million to support the establishment of trade aggregating companies. These entities will focus on integrating smallholder farmers and small and medium-sized enterprises into regional trade, unlocking commercially meaningful opportunities. So far, 19 countries are trading under AfCFTA rules, with 48 nations having ratified the agreement.<\/p>\n

For More News And Analysis About Botswana<\/span> Follow Africa-Press<\/span><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Botswana. In a Monday interview, the SG highlighted Africa’s strategic offer to the BRICS nations, emphasizing the AfCFTA as a prime market for investment-driven trade. He also discussed the hurdles posed by currency exchange in intra-African trade and pointed to the Pan-African Payment and Settlement System as a potential solution. The Secretary-General of […]<\/p>\n","protected":false},"author":84,"featured_media":65653,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234],"class_list":["post-65654","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-botswana"],"yoast_head":"\nAfcfta Secretary-General Pushes for Trade Aggregators to Boost Intra-African Trade - Botswana<\/title>\n<meta name=\"description\" content=\"In a Monday interview, the SG highlighted Africa's strategic offer to the BRICS nations, emphasizing the AfCFTA as a ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Afcfta Secretary-General Pushes for Trade Aggregators to Boost Intra-African Trade\" \/>\n<meta property=\"og:description\" content=\"In a Monday interview, the SG highlighted Africa's strategic offer to the BRICS nations, emphasizing the AfCFTA as a ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade\" \/>\n<meta property=\"og:site_name\" content=\"Botswana\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2025-03-19T06:13:34+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2025-04-19T19:42:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2025\/03\/sm_1742353890.337966.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1920\" \/>\n\t<meta property=\"og:image:height\" content=\"1080\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Afcfta Secretary-General Pushes for Trade Aggregators to Boost Intra-African Trade\",\"datePublished\":\"2025-03-19T06:13:34+00:00\",\"dateModified\":\"2025-04-19T19:42:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade\"},\"wordCount\":268,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/botswana\/sites\/38\/2025\/03\/sm_1742353890.337966.jpg\",\"keywords\":[\"Botswana\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade\",\"url\":\"https:\/\/www.africa-press.net\/botswana\/all-news\/afcfta-secretary-general-pushes-for-trade-aggregators-to-boost-intra-african-trade\",\"name\":\"Afcfta Secretary-General Pushes for Trade Aggregators to Boost Intra-African Trade - 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