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Strengthening Structures and Frameworks for the Agriculture Sector to Participate Competitively in the African Continental Free Trade Area (AfCFTA) - TCP/GHA/3802

Year of publication 2024

Place of publication Rome, Italy ;

Pages 9

Publisher FAO ;

Product type Project

Synopsis (short abstract) The African Union's (AU) Agenda 2063 placed great emphasis on promoting regulatory and policy reforms to remove barriers to the functioning of agriculture and agribusiness development, especially for micro, small and medium holder (MSMH) agroentrepreneurs and agribusinesses. Micro, small and medium farmers produce nearly 80 percent of Africa's staple foods and have enormous potential to be innovative and resourceful in increasing their productive capacity. Food systems employ a significant proportion of young people and women, but these opportunities often do not provide decent and meaningful work or adequate livelihoods. The African Continental Free Trade Agreement (AfCFTA), which came into force on 30 May 2019, provided opportunities for Member States, particularly Ghanaian companies, to produce and export goods and services to other African countries and attract investment. Since then, Africa's participation in the global agrifood market steadily increased, but local industries still need to build their capacity to produce quality goods and services competitively and create more jobs to serve the huge market.

Language English

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