African free trade area gives Kenya, Djibouti opportunity to increase partnerships

African free trade area gives Kenya, Djibouti opportunity to increase partnerships

Last update: 11/05/2018

NAIROBI, May 11 (BERNAMA-NNN-KBC) — Kenyan President Uhuru Kenyatta says the Africa Continental Free Trade Area (AfCFTA) signed earlier this year offers Kenya and Djibouti the opportunity to increase public and private partnerships towards better prosperity.

The agreement provides solutions to removing bottlenecks which have traditionally hampered intra-Africa trade, he said Wednesday when he and First Lady Margaret Kenyatta hosted a State Banquet in honour of Djibouti’s visiting President Ismail Omar Guelleh, who is in Kenya for a three-day State visit.

He said the continental trade pact is a significant milestone for Africa as it heralds the dawn of a new era for Africa. “This will provide impetus towards achieving the African Union flagship projects as projected in Agenda 2063,” said President Kenyatta.

He thanked President Guelleh for being among the leaders who ushered in the historic agreement for Africa. Kenya has signed and ratified the agreement is expected to deposit the instruments of ratification of the AfCFTA with the African Union Commission this week.

President Kenyatta said President Guelleh’s visit to Kenya will give new energy to drive the co-operation between Kenya and Djibouti especially in people-to-people partnerships…..