AfCFTA Adopts Nigeria’s $3.1bn Customs Trade Model

AfCFTA Adopts Nigeria’s $3.1bn Customs Trade Model

The African Continental Free Trade Area Secretariat has adopted Nigeria’s Public-Private Partnership model to drive a continent-wide 3.1 billion dollar customs modernisation programme. Trade officials announced the agreement following high-level summits in Abuja aimed at eliminating physical trade barriers across member states. The strategy replicates Nigeria’s Trade Modernisation Project, which uses private capital to overhaul…

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