April 2022 Report
THE AFRICAN CONTINENTAL FREE TRADE AREA (AfCFTA) AND THE DIGITAL ECONOMY; MAXIMIZING THE TRADE DEAL IN THE AGE OF DIGITAL ECONOMY
The region has had the world’s fastest growth in digitalisation over the past decade, as evidenced by the increasing number of digital technology platforms and enterprises with greater digital penetration. Digital access in the continent’s sub-Saharan area is expected to expand by 130 percent by 2025. The pervasiveness of the online platform, the increased use of technologies, and the growth of digital economies has reduced the traditional concept of territorial boundaries as they relate to trade.