President William Ruto appeals to African investors and businesspeople to take advantage of the Africa Continental Free Trade Area (AfCFTA) agreement, which eliminates barriers to trade and fosters economic growth in Africa.
President William Ruto has appealed to Africa n investors and businesspeople to take advantage of the Africa Continental Free Trade Area (AfCFTA) agreement. He pointed out that the AfCFTA eliminates barriers to trade, fosters economic growth and promotes opportunities to share wealth and prosperity in Africa . He raised concerns over the alarmingly low level of intra- Africa n trade, which stands at just 15 per cent, compared to over 70 per cent in the European Union .
Later, President Ruto visited the Africa Continental Free Trade Area Secretariat at Africa Trade House in Accra, Ghana. The President asked African entrepreneurs to invest in the continent and unlock the vast untapped resources available in Africa. He noted that Africa has 60 per cent of global renewable energy reserves and 65 per cent of uncultivated arable land, adding that the largest population will be living in Africa by 2050
President Ruto Africa Investors Businesspeople Afcfta Trade Economic Growth Wealth Prosperity Intra-African Trade European Union Entrepreneurs Resources Renewable Energy Arable Land Population
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Kenya: President Ruto Meets Parastatal Heads Over Planned Budget CutsPresident William Ruto is currently hosting Parastatal Heads and Chief Executive Officers (CEO) at State House, Nairobi.
Read more »
Kenyans Petition to Repeal President Ruto's Housing Levy BillA group of Kenyans have filed a petition to temporarily repeal President William Ruto's housing levy bill, which allows the government to collect a 1.5% monthly levy for his affordable housing project. The petitioners argue that the levy is unconstitutional and forces employed individuals to pay for houses they don't need or own.
Read more »
Kenya: President Ruto to Sign Affordable Housing Bill Into Law, Housing Levy Implementation ImminentPresident William Ruto is expected to sign the Affordable Housing Bill into law this morning, marking a significant step towards the implementation of the housing project and the commencement of the collection of a 1.5 per cent housing levy from Kenyans starting this month.
Read more »
Kenya: Secretary Blinken's Call With Kenyan President RutoDocument - The below is attributable to Spokesperson Matthew Miller:
Read more »
Kenya: President Ruto Appoints Lt. Charles Muriu Vice Chief of Defence Forces in New Military ChangesPresident William Ruto has promoted Major General Charles Muriu Kahariri to the rank of Lieutenant General and appointed him the Vice Chief of Defence Forces.
Read more »
Kenya: President Ruto Appoints 10 Women Ambassadors As Kenya Marks International Women's DayPresident William Ruto has appointed 10 more women as ambassadors to serve in different countries as Kenya marks International Women's Day.
Read more »