From Vision to Reality: Algeria, a Pioneer of the Afcfta Through Infrastructure and Innovation

Резюме:

The African Union started the African Continental Free Trade Area (AfCFTA) in January 2021 which is expected to make a significant difference in the continent’s economy. It has 54 member-states and a market of 1.3 billion consumers, making it the largest free trade area in the world in terms of the number of participants. This historic deal is a big step toward bringing African economies together. It might help the continent grow, become more industrialized, and include more people in the economy. This article’s goal is to talk about the African Continental Free Trade Area’s strategic foundations, how it works, its economic potential (which is expected to bring in $450 billion in revenue by 2035), and the problems that keep coming up (infrastructure, regulatory harmonization, and economic disparities). The focus is on Algeria’s key role in this continental integration. The country is positioning itself as its active architect through its trans-Saharan megaprojects (roads, rail, fiber optics, and gas pipelines) and its logistics hub strategy, connecting sub-Saharan Africa to Europe. The study shows that Algeria’s investments in infrastructure are making the AfCFTA work and opening up new economic opportunities across the continent.

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