Economies across Sub-Sahara Africa (SSA) are recovering from the severe downturn of last year. However, this growth is uneven and moderate due to the limited room of governments to support their economies. On top of this, the limited availability of vaccines and the spreading of the new delta variant in many countries has jeopardized this year’s forecasted recovery.
Although the African Continental Free Trade Area officially started on 1 January 2021, its full implementation is still a long way to go. There are still many challenges to overcome in order for countries to reap the full benefit of the agreement. Protectionist tendencies in different countries, weak infrastructure, political uncertainty, weak government finances and weak banking sectors are among the factors that delay the required processes and limit the desired outcomes.