By EA Trade Review Reporter
Intra-African trade will increase to 50 per cent from the current 11 per cent says the African Union Commission (AUC) blueprint on how the continent ought to look like in the next 50 years.
“Agenda 2063” is the vehicle that will deliver the aspiration of the continent towards a prosperous Africa based on inclusive growth and sustainable development.
“The blueprint aims at increasing intra-Africa trade to more than 50 per cent compared to the current 11 per cent,” says AUC.
“Within this period it is foreseen that Africa will wean itself off foreign aid and become “capable of mobilizing its own financial resources, reliant on trade, not aid”.
The AUC Director of Strategic Planning, Mr Mandla Mandonesla, while leading a mission to COMESA for a consultative meeting last week said that the aim is to provide participants the forum to share their vision of the Africa they want in 2063 and propose goals, milestones, key drivers and enablers as well as priority actions.”