Mahama calls for bold action to maximise AfCFTA’s potential
President John Dramani Mahama has underscored the transformative potential of the African Continental Free Trade Area (AfCFTA) in driving economic growth and prosperity across the continent.
Speaking at the Africa Prosperity Dialogues (APD) 2025, Mahama described AfCFTA as a game-changing initiative that could create the largest free trade area in the world, unlocking vast opportunities for African businesses, entrepreneurs, and industries.
“One of the most transformative initiatives of our time is the African Continental Free Trade Area (AfCFTA).
With the potential to create the largest free trade area in the world, AfCFTA represents a game-changing opportunity for African businesses, entrepreneurs, and industries,” Mahama stated.
However, he cautioned that trade liberalisation alone is not enough to fully realise AfCFTA’s benefits.
He outlined three critical actions needed to ensure the initiative’s success:
1. Investing in InfrastructureMahama called for major investments in roads, rail networks, ports, and digital connectivity to facilitate seamless trade across Africa.
2. Strengthening Intra-African Supply ChainsHe emphasised the importance of ensuring that African industries produce competitive goods and services that meet both regional and global standards.
3. Harmonising Trade PoliciesTo create a seamless trading environment, Mahama urged African nations to eliminate non-tariff barriers and reduce cross-border business costs.
“Committing to these actions can unlock a $3.4 trillion market, creating jobs and prosperity for millions of Africans,” he remarked.
The APD 2025 brought together leaders and stakeholders to discuss strategies for achieving sustainable development and economic growth in Africa.
Mahama’s speech reinforced AfCFTA’s role in transforming Africa’s economy and called for collaborative efforts to make this vision a reality.
Source: Classfmonline.com/Cecil Mensah
Trending News

Nungua chief accused of fueling chieftaincy disputes in Greater Accra
06:51
Ghana and EU strengthen partnership to address Sahel security challenges
01:11
Pru East MP accuses former gov't of enabling widespread WASSCE malpractices to boost Free SHS
07:27
GA/R: Amasaman MP, MCE breaks ground for six-unit classroom block and teachers’ bungalows in Manhean
09:26
Dafeamekpor backs Tamale High Court ruling on Kpandai seat, rejects Minority “falsehoods”
10:42
Methodist Church Ghana defends Wesley Girls’ High School traditions in ongoing Supreme Court case
10:54
Ghana's media ecosystem at risk: Sulemana Braimah calls for stronger ties with security agencies
15:36
A/R: 2 robbers arrested, IGP deploys special anti-robbery team to pursue others on the run
01:08
Saglemi housing project: First 8,000 units expected by end of 2026
07:06
‘Why must Ghanaian schoolgirls still cut their hair?’, legal expert leads bold call for cultural freedom
09:21


