Page 14 - Msingi Afrika Magazine Issue 25

Leadership

Made in Africa:

Historic Moment for Economic Integration

By PD Lawton | 4th February, 2024

“South African automotive Ghana and Cameroon, and Zulu Natal. The shipment to
companies source leather steering wheel components Ghana includes refrigerators
car seats from a factory in from Tunisia.” home appliances and mining

Lesotho employing close equipment.
to a thousand workers
and wiring harnesses resident Cyril This is an historic event for
from Botswana at two Ramaphosa officiated the entire continent as it marks

plants employing several Pthe launch of South the practical realization of the
thousand workers. They Africa’s first shipment under AfCFTA Agreement which was
source copper wire from the preferential trading inaugurated on the 1 January
Zambia, rubber from Cote agreement of the African 2021.

d’Ivoire, Nigeria, Malawi, Continental Free Trade Area
(AfCFTA) on 31 January 2024 AfCFTA is expected to increase
at the Port of Durban, Kwa the size of Africa’s economy to

14 | we tell the true afrikan story