The Chief Executive Officer of the African Continental
Free Trade Area (AfCFTA), H.E. Wamkele
Mene on September 19, 2024, during the Twelfth Annual Conference of the
Speakers of Africa’s Regional and National Parliaments, delivered a
comprehensive presentation on the progress of the AfCFTA implementation. The
conference, held at the Pan-African Parliament in Midrand, South Africa,
gathered key African parliamentary leaders to discuss the critical role of
legislative bodies in fostering economic integration and cooperation across the
continent. In his address, H.E. Mene
emphasized the strides made in the trade bloc's development and outlined how
parliaments can create an enabling environment through legislative and policy
support.
Key Achievements of
AfCFTA
H.E. Mene
highlighted the significant achievements of the AfCFTA to date, noting that
intra-African trade has risen despite global economic challenges. He cited
recent data indicating a 3.2% increase in trade among African nations, with
intra-African trade reaching $192.2 billion in 2023. This growth underscores
the success of initiatives such as the Guided Trade Initiative (GTI), which
facilitated the movement of goods across member states and expanded
participation from 7 to 39 countries. AfCFTA has become a key driver of
industrialization, job creation, and regional economic integration.
Additionally, H.E.
Mene stressed the importance of the AfCFTA protocols, particularly the
Digital Trade Protocol and the Protocol on Women and Youth in Trade, which were
adopted in 2023. These protocols aim to promote innovation, economic
inclusiveness, and integration into continental value chains.
Role of African
Parliaments in Enabling the AfCFTA
In his presentation, H.E. Mene acknowledged the crucial role that African parliaments
must play in ensuring the AfCFTA’s success. He urged lawmakers to prioritize
the ratification of legal instruments and protocols that are essential for its
full implementation. Currently, 54 countries have signed the AfCFTA agreement,
with 47 having ratified it. Full ratification remains a critical goal to ensure
all member states can benefit from the agreement’s provisions.
He also called on parliaments to focus on funding the
AfCFTA’s implementation, urging national governments to allocate resources that
will bolster trade and infrastructure development. Parliaments, he said, should
facilitate harmonization of trade laws and reduce barriers to the free movement
of goods, services, and people across borders.
Contributions from
African Speakers During Debates
Following H.E.
Mene’s presentation, a robust debate ensued, with several prominent African
parliamentary leaders offering insights and recommendations for advancing the
AfCFTA’s objectives.
Hon. Advocate Jacob
Mudenda, Speaker of the National Assembly of Zimbabwe
Hon. Advocate
Jacob Mudenda underscored the need for free movement of persons as a foundation
for the free movement of goods and services within the AfCFTA. He stressed that
the Protocol on Free Movement of Persons, which has only been ratified by four
member states, must be swiftly ratified by others to unlock the full potential
of the trade area. Without this, he cautioned, the benefits of the free trade
area could be undermined by logistical and transportation costs.
He also emphasized the need for synergy in developing
transport infrastructure across Africa, noting that high transportation costs
will impede the movement of goods. Mudenda
urged African leaders to revive the political will of the founders of the
Organization of African Unity (OAU) and the African Union (AU) to foster deeper
integration.
Hon. Benjamin Kalu,
Deputy Speaker of Nigeria’s House of Representatives
Hon. Benjamin
Kalu raised concerns about the overlapping memberships of regional economic
blocs within the AfCFTA framework, warning of potential conflicts in
jurisdiction. He called for the establishment of clear trade adjustment
mechanisms and the coordination of existing trade agreements to avoid
fragmentation.
Additionally, Hon.
Kalu emphasized the importance of setting timelines for the ratification of
key supporting legal instruments, which would enhance the implementation of the
AfCFTA across member states. He expressed confidence that through structured
legislative action and commitment to timelines, the continent can overcome
challenges associated with the coexistence of various trade agreements.
Path Forward: Legislative
Support and Cooperation
The success of the AfCFTA depends on the active
involvement of African parliaments. H.E.
Mene and the African Speakers agreed that parliaments must enact enabling
laws to facilitate trade, address infrastructure challenges, and promote
regional economic development. Legislative bodies have the power to shape
national policies that align with AfCFTA’s goals, ensuring that the agreement
serves as a catalyst for Africa’s transformation.
Through coordinated efforts at both national and
regional levels, African countries can unlock the full potential of the AfCFTA,
fostering an integrated market that strengthens competitiveness, drives
industrialization, and improves livelihoods across the continent.
Conclusion
The Twelfth Annual Conference of African Speakers
showcased the progress made in the implementation of the AfCFTA while
reinforcing the need for parliaments to play a proactive role in its
advancement. As the continent moves toward greater economic integration,
African parliaments must prioritize legislative actions that support the
AfCFTA’s success, particularly in areas such as infrastructure development,
legal frameworks, and the free movement of people and goods. With continued
cooperation and commitment, the AfCFTA will fulfill its promise of transforming
Africa into a thriving, integrated economy capable of competing on the global
stage.
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