Why the AfCFTA has opened the door for Africa’s industrialisation

In the 1980s and earlier, Africa’s attempts to use import substitution as a stepping stone towards an industrialised status failed miserably, mainly because of fragmented, tiny markets. Can the same approach now succeed under the unique opportunities offered by the AfCFTA? Dr Hippolyte Fofack argues that indeed it can – provided it can also fulfil […] The post Why the AfCFTA has opened the door for Africa’s industrialisation appeared first on New African Magazine.