This Friday 25 November, President Kagame is in in Niamey, Niger for two important African union summits: The African Union (AU) Extraordinary Summit on Industrialization and Economic Diversification, and the Extraordinary Session on the African Continental Free Trade Area (AfCFTA).
This morning, President Kagame chaired the African Union Extraordinary Summit on Industrialization and Economic Diversification hosted by President Mohamed Bazoum of Niger. The summit highlights Africa’s commitment to Industrialization as one of the central pillars in attaining Agenda2063.
Held under the theme, “Industrializing Africa: Renewed Commitment towards Inclusive and Sustainable Industrialization and Economic Diversification”, the two sessions of the Extraordinary Summit are focused on decisions to increase the pace of industrialization across the continent as well as further establish instruments to facilitate the implementation of the AfCFTA.
To date, 44 countries have ratified AfCFTA. As one of the pilot countries of the Guided Trade Initiative alongside Cameroon, Egypt, Ghana, Kenya, Mauritius, Tanzania, and Tunisia, Rwanda began with exported coffee and tea to Ghana.
The Guided Trade Initiative aims to achieve AfCFTA goals through matchmaking businesses and products for export and import between interested State Parties. (End)