AfCFTA, AfreximBank sign $10 billion deal to help countries buffer tariff loss

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AfCFTA, AfreximBank sign $10 billion deal to help countries buffer tariff loss
AfCFTA, AfreximBank sign $10 billion deal to help countries buffer tariff loss

Africa-Press – Eswatini. https://www.youtube.com/watch?v=aOzOeD7qz-Q

The secretariat of the African Continental Free Trade Area and the African Export-Import Bank have signed an agreement on the establishment and management of an Adjustment Fund, which will need $ 10 Billion in funding over the next 5-10 years. The fund will support the private sector and African countries that suffer tariff revenue loss as they implement the continental free trade agreement.

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