African Continental Free Trade Area and Economic Communities’ Agreement Ambitions, Challenges and Solutions | ||||
| Obour Institute Journal for Engineering and Technology | ||||
| Volume 1, Issue 1, 2023, Page 74-81 PDF (232.28 K) | ||||
| Document Type: Original Article | ||||
| DOI: 10.21608/oijet.2023.446834 | ||||
 View on SCiNiTO | ||||
| Authors | ||||
Wael Fouda  1; Hoda El-Azony 2
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| 1Economy teacher, Obour Insititute, Egypt | ||||
| 2Business administration, Obour Insititute, Egypt | ||||
| Abstract | ||||
| The current research paper aimed at a theoretical review of the African Continental Free Trade Agreement with a statement of the economic groups on the continent and shed light on the most important economic goals that they all strive to achieve, research the departure of the most important ambitions to be achieved as a result of the implementation of the agreement and a statement of the most important challenges facing them and finally monitoring the most important proposals to deal with these challenges. The paper concluded that the agreement is a great opportunity for the continent of Africa to achieve the aspirations of the African peoples in economic growth due to a real increase in the average incomes of individuals, but this agreement faces many challenges, the most important of which are bureaucratic problems, as well as the great diversity of cultures as well as languages and the lack of unification of strategic visions in the countries of the continent. | ||||
| Keywords | ||||
| African; Trade; economic communities | ||||
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