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Realization of Africa Continental Free Trade Area (AfCFTA)

Kenya officially began trading under Africa Continental Free Trade Area (AfCFTA) with Associated Battery Manufacturing EA Ltd being the first Kenyan company to export its batteries to Ghana under the agreement. The Kenyan-made exide batteries are set to land in the Port of Tema, Ghana on 23rd September 2022.

AfCFTA creates a single market of 1.2bn people with a combined gross domestic product of more than $2.5 trillion (UNCTAD) and aims to eliminate trade barriers within the continent. Apart from being among the 7 countries picked to pilot the free continental trade in July 2022, several measures have been put in place to actualize the implementation of AfCFTA including:

  1. The launch of Kenya’s National AfCFTA Implementation Strategy in August 2022. The implementation strategy identifies priority export products and sectors for goods and services aligned with Kenya’s national development goals and aspirations, including the Integrated National Export Development and Promotion Strategy (INEDPS) and the Big Four Agenda; and
  2. Establishment of an ad-hoc National AfCFTA Implementation Committee (NIC) which has identified key items to be exported under the agreement including: tea, exide batteries, confectionery, leather bags, incinerators, beaded products, vehicular filters, textiles, sisal fiber, avocadoes and fresh produce.

The implementation of the AfCFTA trade pact has the potential to unlock market access for Kenyan goods and services within the African continent.

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