A new free trade zone to boost intraregional trade
Oct 26, 2016
He stated "“We are working on [establishing] the free trade area, which will hopefully be concluded by the end of the year,” The establishment of a free trade zone between Kenya, Egypt, Nigeria and South Africa (Kensa)–the four largest economies on the continent – will drive intraregional trade and exports.
The idea of a Kensa free trade zone arose from the need for greater intra- Africa trading, which is currently below 15% of its trade. For further information on the Kensa free trade zone, the article is available here.