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Tax Incubator with Deloitte (2)

On Saturday, The Tax Club OAU hosted Mr. Chijioke Odo, the Global Trade Advisory Lead at Deloitte. He facilitated a session on the African Continental Free Trade Agreement (AfCFTA).

The African Continental Free Trade Agreement.

The agreement establishing the Africa Continental Free Trade Area aims at creating a single African market, through progressive elimination of tariff and nontariff barriers to trade and investment.

I must say that while this agreement holds several benefits such as access to cross border goods and services, increasing innovation amongst others, its implementation comes with a barrage of challenges some of which are the insecurity challenge in a host of African countries and poor infrastructure.

Nigeria, however, must ensure that it puts in place the right regulatory and institutional frameworks to ensure we benefit from this agreement.

- Mosunmola Adefarati.

Deloitte; Chijioke Odo; Potential impacts of the AfCFTA.pdf