{"id":26650,"date":"2019-11-19T13:07:27","date_gmt":"2019-11-19T13:07:27","guid":{"rendered":"http:\/\/abdas.org\/?p=26650"},"modified":"2019-11-19T13:07:27","modified_gmt":"2019-11-19T13:07:27","slug":"growth-and-economic-integration-of-the-eastern-africa-region","status":"publish","type":"post","link":"https:\/\/abdas.org\/2019\/11\/19\/growth-and-economic-integration-of-the-eastern-africa-region\/","title":{"rendered":"Growth And Economic Integration Of The Eastern Africa Region"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/abdas.org\/wp-content\/uploads\/2019\/11\/Growth-And-Economic-Integration-Of-The-Eastern-Africa-Region.jpg\" alt=\"\" width=\"750\" height=\"375\" class=\"alignnone size-full wp-image-26651\" srcset=\"https:\/\/abdas.org\/wp-content\/uploads\/2019\/11\/Growth-And-Economic-Integration-Of-The-Eastern-Africa-Region.jpg 750w, https:\/\/abdas.org\/wp-content\/uploads\/2019\/11\/Growth-And-Economic-Integration-Of-The-Eastern-Africa-Region-300x150.jpg 300w, https:\/\/abdas.org\/wp-content\/uploads\/2019\/11\/Growth-And-Economic-Integration-Of-The-Eastern-Africa-Region-150x75.jpg 150w, https:\/\/abdas.org\/wp-content\/uploads\/2019\/11\/Growth-And-Economic-Integration-Of-The-Eastern-Africa-Region-500x250.jpg 500w\" sizes=\"auto, (max-width: 750px) 100vw, 750px\" \/> The experts are gathered fro, namely, Burundi, Comoros, Democratic Republic of Congo (DRC), Djibouti, Eritrea, Ethiopia, Kenya, Madagascar, Rwanda, Seychelles, Somalia, South Sudan, Tanzania and Uganda.<br \/>\nThey were gathered for their 23rd annual meeting that deals with growth and economic integration of the eastern Africa region.<\/p>\n<p>One of the discussion topics is how eastern Africans benefit from the African Free Continental Trade Area (AfCFTA) currently ratified by about half of the African Union member states.<\/p>\n<p>AfCFTA aims to cover a market of 1.2 billion people and a gross domestic product (GDP) of $2.5 trillion, across all 55 member States of the African Union.<\/p>\n<p>The population of Africa is likely to reach 2.5 billion by 2050, at which point it will comprise 26 per cent of what is projected to be the world\u2019s working age population, with an economy that is expected to grow twice as rapidly as that of the developed world.<\/p>\n<p>The United Nations Economic Commission for Africa (UNECA) estimates that AfCFTA has the potential both to boost intra-African trade by 52.3 per cent by eliminating import duties, and to double this trade if non-tariff barriers are also reduced.<\/p>\n<p>AfCFTA aims to progressively remove tariffs on intra-African trade, making it easier for African businesses to trade within the continent and cater to and benefit from the growing African market.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The experts are gathered fro, namely, Burundi, Comoros, Democratic Republic of Congo (DRC), Djibouti, Eritrea, Ethiopia, Kenya, Madagascar, Rwanda, Seychelles, Somalia, South Sudan, Tanzania and Uganda. They were gathered for &hellip; <\/p>\n","protected":false},"author":49501,"featured_media":26651,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[159],"tags":[],"class_list":["post-26650","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-consumer-and-household"],"aioseo_notices":[],"aioseo_head":"\n\t\t<!-- All in One SEO 5.0.0.1 - aioseo.com -->\n\t<meta name=\"robots\" content=\"max-image-preview:large\" \/>\n\t<meta name=\"author\" content=\"team_c\"\/>\n\t<meta name=\"keywords\" content=\"consumer and household\" \/>\n\t<link rel=\"canonical\" href=\"https:\/\/abdas.org\/2019\/11\/19\/growth-and-economic-integration-of-the-eastern-africa-region\/\" \/>\n\t<meta name=\"generator\" content=\"All in One SEO (AIOSEO) 5.0.0.1\" \/>\n\t\t<meta property=\"og:locale\" content=\"en_US\" \/>\n\t\t<meta property=\"og:site_name\" content=\"ABDAS - Africa information and Business Directory | Africa information and Business Directory\" \/>\n\t\t<meta property=\"og:type\" content=\"article\" \/>\n\t\t<meta property=\"og:title\" content=\"Growth And Economic Integration Of The Eastern Africa Region | ABDAS - 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