Deputy President Paul Mashatile says Africa needs to reduce structural and regulatory barriers in order to unlock investment in road and maritime infrastructure, and facilitate successful intra-African and global trade.
"The quality of much of the continent's maritime, road and railway infrastructure is less than satisfactory. There are few road links, generally poor road infrastructure maintenance and limited regional road linkages throughout the continent's five regions," the Deputy President said on Wednesday.
"Without this infrastructure, rail and maritime trade cannot realise their full potential. Road transport is therefore an indispensable part of daily African economic activity and critical to facilitating cross-border trade and regional integration. As of February 2023, he said 47 of the 54 signatories to the AfCFTA have deposited instruments of ratification.
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