The global recession triggered by Covid is hitting African countries hard: in 2020, 41 economies experienced a decline in their GDP. Although situations vary, the crisis made it clear that post-Covid strategies need to tackle 2 major obstacles: dependence on external markets, and the incapacity of the formal economic sectors to create enough quality jobs. The AfCFTA looks just fit for that.
What are the key priorities for implementing the AfCFTA and accelerating Africa’s productive transformation? How can African governments improve their debt management? How can co-operation facilitate the process? The 2021 edition of the Forum gathered key actors to share their views and solutions for action.
Source : OECD