The successful implementation of the AfCFTA requires urgent reforms at all levels of government, says the ECA’s Economic Report on Africa (ERA).
This is contained in a statement on Wednesday by the Economic Commission for Africa (ECA), Communications Section.
The ERA report was launched during the Conference of Ministers of Finance, Planning and Economic Development – COM 2025.
It calls for targeted industrial policies, investment in productive capacity, and SME support.
This will help Africa build strong value chains in agro-processing, automotive, pharmaceuticals, and renewable energy.
According to the report, governments must streamline customs procedures and adopt digital technologies, including blockchain and electronic data processing, to cut trade costs and enhance efficiency.
This highlights the need for greater investment in digital infrastructure, such as broadband networks, data centres, and internet exchange points.
Initiatives like the Single African Air Transport Market and the Pan-African Payments and Settlement System will support the free movement of people, goods, and capital.
Sustainable urban development is another priority to help policymakers address the challenges of rapid urbanisation.
Presenting the report, ECA Deputy Executive Secretary and Chief Economist Hanan Morsy urged leaders to consider the AfCFTA’s social dimensions.
She asked: “What kind of human capital and skills should Africa invest in for the future of work?
“What measures will ensure AfCFTA and the new protocol on women and youth in trade best support women-led businesses and youth employment?”
