ONE TRADE AFRICA: Connecting the African business community with the AfCFTA
The African Continental Free Trade (AfCFTA) is now a reality and the International Trade Centre (ITC) to its i
ITC has developed an umbrella programme, the ONE TRADE AFRICA (OTA) to empower MSMEs, women and youth to access the opportunities unfolding under the new single market.
OTA is an integrated package of technical assistance solutions that ITC is offering to the African business community operating in both the formal and informal sectors to enable them to understand the intricacies of the AfCFTA and to build the capacity of enterprises and entrepreneurs to export across Africa and beyond.
The current project is part of the ONE TRADE AFRICA programme. Owing to the funding support from Finland, key priority activities aiming mainly at sensitizing and engaging MSMEs, women and youth under the AfCFTA to develop their export capabilities and competitiveness will be implemented at national, regional and continental levels. ITC will work closely with AfCFTA national committees, ministries in charge of trade, African integration, business support organizations, RECs and the AfCFTA Secretariat. A robust collaboration with UNECA and UNDP will be sought to build synergies and complementarities when delivering technical assistance solutions on the ground. The project will provide an opportunity to prepare specific publications that will be useful for MSMEs, women and youth entrepreneurs engaged in intra-African transactions. Technical sections will lead the implementation of their respective activities.
In a nutshell, the project is an initial response to how ITC will position itself in the context of the implementation of the AfCFTA. The results of the proposed interventions will help mobilize additional resources under the ONE TRADE AFRICA Programme umbrella to cover additional countries and topics that are important for the private sector to increase its participation in the new single market.