Mercifully, there’s some good news from Obafemi Awolowo University after the de-marketing efforts of land speculators in the guise of equity-seekers.
The establishment of the African Continental Free Trade Area on 21 March 2018 in Kigali, Rwanda, is one of the 15 pivotal project envisioned by the AU, and it revealed the strong commitment of African leaders to re-energise regional integration efforts with the aim of creating one of the largest free trade areas in the world. AfCFTA aims to significantly accelerate growth of intra-Africa trade as an engine of growth and sustainable development.
The project to establish the Center for AfCFTA Studies is a follow-up to the mission undertaken by Professor Benedict Oramah, the President of the African Export-Import Bank last year. It provides the opportunity to build a solid body of research and knowledge to support implementation of the AfCFTA which has been touted as a game changer with the potential of accelerating the growth of intra-African trade and deepening regional integration.
The proposed Center for AfCFTA Studies is planned as a multidisciplinary research and training institution and will focus on the following:Legal and Political ResearchMacroeconomic modelling and CGE modelling and forecastingA Visiting Team comprising four Senior members of Afreximbank and six members from Obafemi Awolowo University recently visited Abuja to interact with stakeholders and the authorities.