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Multinational - Institutional Support Project to the AfCFTA Secretariat for an Effective AfCFTA Implementation

Sector: Manufacturing (Industrial) • Location: Multinational

Source: African Development Bank (AfDB)

Project

The Institutional Support Project to the African Continental Free Trade Area (AfCFTA) Secretariat (Phase II) is an institutional support operation managed by the AfCFTA Secretariat and financed from ADF-15 resources in the form of a grant of UA 8.20 million. The project will help achieve the triple objective of strengthening the capacity of the AfCFTA Secretariat to successfully conduct the negoti

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The project “Multinational - Institutional Support Project to the AfCFTA Secretariat for an Effective AfCFTA Implementation” is an infrastructure initiative in the Manufacturing (Industrial) sector, located in Multinational. Taiyo aggregates data on it from African Development Bank (AfDB).

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Description

Description

The Institutional Support Project to the African Continental Free Trade Area (AfCFTA) Secretariat (Phase II) is an institutional support operation managed by the AfCFTA Secretariat and financed from ADF-15 resources in the form of a grant of UA 8.20 million. The project will help achieve the triple objective of strengthening the capacity of the AfCFTA Secretariat to successfully conduct the negotiation for the implementation of the AfCFTA, enhancing the capacity of the private sector, with a great emphasis on transition countries, women, and youth, to trade under the AfCFTA framework, and finally improve RMC’s capacities to develop their industrial base for trading under the AfCFTA. The project is structured under three components: (a) Institutional Strengthening of the AFCFTA Secretariat; (b) Support Private Sector in the implementation of the AfCFTA; and (c) Support development of climate-resilient regional and continental value chains to boost intra-Africa trade; in addition to project management. The proposed interventions will include the development and sharing of knowledge and practical insights to strengthen the capacity of both the public and private sector, as well as CSOs at national, regional, and continental levels, in implementing the AfCFTA. The Project will be implemented over a three-year period beginning in the fourth quarter of 2022 (October 2022 - September 2025).

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