The African Continental Free Trade Area (AfCFTA) is set to boost Eastern Africa’s textile and apparel (T&A) exports by 100 percent, says Denis Karera, Vice-Chairman, East African Business Council (EABC).
Karera made the remarks during a webinar on the AfCFTA-Opportunities for the private sector, organized by the EABC in partnership with the United Nations Economic Commission for Africa (UNECA).
During the seminar, Karera urged the East African Community (EAC) member states to finalize and submit tariff offers under the AfCFTA to enable the EAC bloc to tap into the 1.3 billion continental market with a combined gross domestic product of $3 trillion.
