AfCFTA to disburse $10 Billion adjustment fund in early 2025
The African Continental Free Trade Area (AfCFTA) is set to begin disbursing its $10 billion Adjustment Fund early next year, aiming to support both sovereign states and private sector projects impacted by trade liberalization under the bloc. With an initial $1 billion already secured, the fund is designed to cushion member states from revenue losses due to tariff reductions and declining competitiveness. Speaking at a press briefing ahead of the Biashara Afrika Summit in Rwanda, AfCFTA Secretary-General Wamkele Mene confirmed that the first round of disbursements will be available early next year. Governments and private sector players will be eligible...
