Mr Christian Nti, the Chief Executive Officer of the Ghana Highway Authority has stated that the success of the African Continental Free Trade Area (AfCFTA) will partly depend on the quality of roads in participating countries.
“If we have to improve trade volumes among African countries, especially using road transport, then we need to have quality roads that will transport goods to the participating countries.”
Ing. Nti said this during a day’s business forum organised by the Ghana International Trade and Finance Conference (GITFIC) in Lome, Togo.
The forum which attracted industry players from Ghana and Togo was organised by GITFIC to buttress the activities of AfCFTA secretariat in their bid to create a common market among participating counties in the continent and beyond.
The AfCFTA is one of the flagship projects of Agenda 2063: It is a high-ambition trade agreement, with a comprehensive scope that includes critical areas of Africa’s economy, such as digital trade and investment protection, amongst other areas.
By eliminating barriers to trade in Africa, the AfCFTA aims to significantly boost intra-Africa trade, particularly trade in value-added production and trade across all sectors of Africa’s economy.
The elimination of NTBS is critical to boosting intra-Africa trade and achieving the objectives of the AfCFTA.
Ing Nti said investing in roads could take a lot of people selling and hawking on major streets to engage in other ventures for their livelihoods.