Africa is a beautiful continent, let's unite and grow together. I would love to see how free movement of individuals will start working, it's easier to travel out of the continent than within it.
I'm all for free trade within the African continent but free movement will be a disaster (I could be wrong though). People in poorer countries will flock to richer African countries and take their jobs.
@@duncanbarnard9320 Agree. Most of africans willing to leave their country for another are mostly uneducated. So when they manage to settle into the host country, the tendancy is more to take advantage of that country than to bring in an added value.
More videos to come explaining key aspects of the AfCFTA, how it will create a stronger, more unified, continental economy, and why it needs the active involvement of citizens and the private sector to succeed....watch this space!
Great initiative for continental Africa.... It is an era of Great awakening for Africa.. History in the making,as we step up efforts to eradicate the schemes of capitalist West Imperial powers !!! God save Africa 🙏✊✊✊✊ Greetings from Ambazonia West Africa
A fantastic summary of the benefits of AFCTA. I will quote some facts stated here and give credit/reference to this video. As an African business I, like many others am eagerly awaiting the full activation of the agreement.
It makes no sense for a country like Nigeria to Import Tomatoes from China yet it seats in a fertile continent. Important them from Ghana or Congo. I feel like AfCFTA is a good ideas
Unified continental market requires a minimum of harmony among the parts, it requires infrastructures that connect countries to one another, etc. If despite the AfCFTA, the country where African leaders gather, I mean Ethiopia, Africans must flee the Tigray region toward other countries due to conflict and all these can't be anticipated and addressed, all these speech about the AfCFTA become excessive.. The Nigeria business person Dangote has said in an interview that he can't export his cements to some African countries despite the AfCFTA
I saw a video of sale corporation in Africa that pay 1.5% commission per house that is sold. Struggling day by day for 35 years lease on a new air conditioning and the customer focus 20%
The challenge will be making this noble idea work for Africans and not for foreign corporations keen on exploiting the continent. Instead of having to deal with 54 different governments these corporations now have one entry point from which they can spread their evil tentacles across the continent. Given our weak minded leaders, I'm afraid the latter is the more likely outcome of this deal!
@@kuoldimdeng958 I know investments are good, but by experience you should know that multinational corporations have taken advantage of our weak institutions and have siphoned billions of dollars from Africa through various malpractices. You can say all you want but i can assure you that if no proper mechanisms have been put in place this deal will represent the hijack of Pan-Africanism by the capitalist West.
I see you are having an interesting discussion here and I agree with you both :-) Kamba is right that the region's past history with multinationals has been chequered history, to say the least. But part of that is explainable by the fact so much of the investment has been related to mineral wealth and oil - sectors where malpractice is still a serious problem.Fortunately, the advantages conferred by the implementation of the AfCFTA won't benefit those sectors much - it will principally be in manufacturing and tradeable services. And that is where multinationals have a positive role to play - they are very good at integrating their operations across borders. What we really need to see though is more intra-African FDI - African firms investing in other African countries. The trends have not been very encouraging in this recently in Eastern Africa, but we are hoping to see a pick-up in intra-African investment post-AfCFTA. There is credible evidence that African firms create more employment than comparable investments from FDI elsewhere, and African investors are also better at adapting their operations to local markets.
Africa and Europe are very similar continents in that they both consist of a lot of different countries. The EU has made some fundamental mistakes and these mistakes will cause the collapse of the EU. The AFCFTA will be able to avoid these same mistakes because it is a few decades younger than the EU.
There are too many African Nations. There needs to be massive consolidation. Africa should develop about 8 super states. Each should be made up of about 250-300 million people. These new African super States will have the scale that would allow them to better compete against China, the United States and Europe.
ethio Africa free trade for smart eConomy for all countrys work withe AU Africa unite Addis Ababa smartly , digitally , end to end ethical communication to work together ( African problems by African solutions )
@@elijah_m Cant rule that out. Its hasn't garnered that much attention by the establishment media and been promoted. Combined with the fact the whole initiative has been delayed by covid I suspect this might be a genuine African move. Maybe I'm being naive at the moment. In any case as time goes on they'll be more clues as to who is really behind it. Other then a very much warranted deep suspicion do u have any links/sources or anything anecdotal that might give clues as to who is really behind this?
Anytime I find they show a map like here that supposed to be the map of the Continent is wrong. The correct map should includes what is cut off and refered to as middle east. There is no middle east. That is All the Continent. It is one Continent. Folks have to wake up and get used to the reality. It will be corrected, once things are restored and returned it's formal states. The situation before invaders, greedy folks from the continent of the two mountains.
We are not speaking about this enough as Africans, thank you. #AfCFTA!!
Africa is a beautiful continent, let's unite and grow together. I would love to see how free movement of individuals will start working, it's easier to travel out of the continent than within it.
I'm all for free trade within the African continent but free movement will be a disaster (I could be wrong though). People in poorer countries will flock to richer African countries and take their jobs.
@@duncanbarnard9320 Agree. Most of africans willing to leave their country for another are mostly uneducated. So when they manage to settle into the host country, the tendancy is more to take advantage of that country than to bring in an added value.
More videos to come explaining key aspects of the AfCFTA, how it will create a stronger, more unified, continental economy, and why it needs the active involvement of citizens and the private sector to succeed....watch this space!
Great initiative but I'm concerned about the logistics, many African countries are not connected by rail, proper roads or air transport
Great initiative for continental Africa....
It is an era of Great awakening for Africa.. History in the making,as we step up efforts to eradicate the schemes of capitalist West Imperial powers !!!
God save Africa 🙏✊✊✊✊
Greetings from Ambazonia West Africa
Stop dreaming bro. Wake up. Ambazonia is fiction.
A fantastic summary of the benefits of AFCTA. I will quote some facts stated here and give credit/reference to this video. As an African business I, like many others am eagerly awaiting the full activation of the agreement.
Africa has got to pull together and go all in for this great opportunity.
We need to be updated on the status of the process. What are the current challenges as of today?
We want total unity on this project africa inter treade, Africa leaders be warm not undermined it like many projects before
Really true
Yes we need full change one Africa with one curency one president. Yes!!!!
I spend about all my time in timebanking disclosure for time credits has brought me here THANKS 👍👋
Great ideas indeed
It makes no sense for a country like Nigeria to Import Tomatoes from China yet it seats in a fertile continent. Important them from Ghana or Congo. I feel like AfCFTA is a good ideas
I do believe the goal of EAC is to create an entirely new country that conbines 6 east AFRICAN countries
Unified continental market requires a minimum of harmony among the parts, it requires infrastructures that connect countries to one another, etc. If despite the AfCFTA, the country where African leaders gather, I mean Ethiopia, Africans must flee the Tigray region toward other countries due to conflict and all these can't be anticipated and addressed, all these speech about the AfCFTA become excessive..
The Nigeria business person Dangote has said in an interview that he can't export his cements to some African countries despite the AfCFTA
I saw a video of sale corporation in Africa that pay 1.5% commission per house that is sold. Struggling day by day for 35 years lease on a new air conditioning and the customer focus 20%
well done!
The challenge will be making this noble idea work for Africans and not for foreign corporations keen on exploiting the continent. Instead of having to deal with 54 different governments these corporations now have one entry point from which they can spread their evil tentacles across the continent. Given our weak minded leaders, I'm afraid the latter is the more likely outcome of this deal!
@@kuoldimdeng958 I know investments are good, but by experience you should know that multinational corporations have taken advantage of our weak institutions and have siphoned billions of dollars from Africa through various malpractices. You can say all you want but i can assure you that if no proper mechanisms have been put in place this deal will represent the hijack of Pan-Africanism by the capitalist West.
I see you are having an interesting discussion here and I agree with you both :-) Kamba is right that the region's past history with multinationals has been chequered history, to say the least. But part of that is explainable by the fact so much of the investment has been related to mineral wealth and oil - sectors where malpractice is still a serious problem.Fortunately, the advantages conferred by the implementation of the AfCFTA won't benefit those sectors much - it will principally be in manufacturing and tradeable services. And that is where multinationals have a positive role to play - they are very good at integrating their operations across borders. What we really need to see though is more intra-African FDI - African firms investing in other African countries. The trends have not been very encouraging in this recently in Eastern Africa, but we are hoping to see a pick-up in intra-African investment post-AfCFTA. There is credible evidence that African firms create more employment than comparable investments from FDI elsewhere, and African investors are also better at adapting their operations to local markets.
Kamba Idafa, you nailed it. It is very suspect given that it's financed by EU
@@Kambamwene1 sad but true
1.2 billion can build economy that the world never see...coming soon..
How will UN be beneficial to Africa once it’s fully industrialized?
Africa and Europe are very similar continents in that they both consist of a lot of different countries. The EU has made some fundamental mistakes and these mistakes will cause the collapse of the EU. The AFCFTA will be able to avoid these same mistakes because it is a few decades younger than the EU.
We also need an African dialect that we will all need to know for means of communication and it will have to be compulsory in every country in Africa.
Not a dialect, a language with a complete writing system. I created that already
Just use kiswahili
InshaAllah
There are too many African Nations. There needs to be massive consolidation. Africa should develop about 8 super states. Each should be made up of about 250-300 million people. These new African super States will have the scale that would allow them to better compete against China, the United States and Europe.
virtually east west north south and central
A défaut de traduire ce vidéo en français, un sous titrage en langue français serait très intéressant pour les africains francophones.
Nous sommes d'accord - notre intention est de créer différentes versions de la vidéo, en français, kiswahili, amharique, kinyarwanda, etc.
Vous avez raison Ibrahim - On l'a deja fait - on va publier la version en francais bientot!
More improvement for aferica.
ethio Africa free trade for smart eConomy for all countrys work withe AU Africa unite Addis Ababa smartly , digitally , end to end ethical communication to work together ( African problems by African solutions )
Rockefeller foundation??? but that's American!!!!!
yeah, i lost all hope for this free trade shit when i heard that name.
@@sbongamandlamwelase7559 they just did the census. Not saying theres nothing shady but I wouldn't lose hope over this one fact
@@sbongamandlamwelase7559 keep your american conspiracy theories in america
@@piratesilver2786 I bet if u dig deeper the rockefeller foundation have more to do with this.
@@elijah_m Cant rule that out. Its hasn't garnered that much attention by the establishment media and been promoted. Combined with the fact the whole initiative has been delayed by covid I suspect this might be a genuine African move.
Maybe I'm being naive at the moment. In any case as time goes on they'll be more clues as to who is really behind it.
Other then a very much warranted deep suspicion do u have any links/sources or anything anecdotal that might give clues as to who is really behind this?
This will be the fall of Botswana as for South Africa we are already doomed!
Don't worry. I pray that the Lord protect those countries.
@Kazeshini Hijacker yes i know they work there, but sovereignty is key!
True
France still control the currency of 14 countries😝
maybe England can join you guys, it want s to leave the EU
NO!!
@@evansyawamo8686 why not
No, they have done enough damage.
@@lisaandbeans9645 tHEY HAVE DONE DAMAGE TO THE eu AS WELL
@@marianandrei9111 no thanks we dont want the uk getting acess to our trade market...they have stolen enough from Africa
Anytime I find they show a map like here that supposed to be the map of the Continent is wrong.
The correct map should includes what is cut off and refered to as middle east.
There is no middle east.
That is All the Continent. It is one Continent.
Folks have to wake up and get used to the reality.
It will be corrected, once things are restored and returned it's formal states. The situation before invaders, greedy folks from the continent of the two mountains.