Uhuru Kenyatta's Mission in Rwanda That Will Excite Kenyans

President Uhuru Kenyatta will be joining other African Heads of State in Kigali, Rwanda, to sign a landmark agreement to create a Continental Free Trade Area.

In a statement to newsrooms by the PSCU, the African Continental Free Trade Area (AfCFTA) aims to establish a single market that will stimulate industrialisation, infrastructural development, economic diversification and trade.

The new agreement will be expected to increase intra-Africa trade and improve the prospects of the African Continent to attract huge investments.

Additionally, the agreement will create a borderless Africa in terms of trade in goods, services, jobs, investment, free movement of people, intellectual property rights and competitiveness.

[caption caption="President Uhuru Kenyatta "][/caption]

Speaking on the issue, Foreign Affairs Cabinet Secretary Monica Juma noted that the new agreement will open up Africa and make it easy for goods to move across the continent.

"We are moving from country-based markets to the huge continental-based market. We are opening the continent to itself and to everybody," CS Juma stated.

Industrialization Cabinet Secretary Aden Mohammed further noted that the creation of the AfCFTA is a major milestone where all countries, can freely access huge markets like those offered by South Africa and Nigeria.

CS Mohammed maintained that people starting businesses in Africa will not complain about small markets in countries of operation because they can set base in Kenya but still access the entire African market.

Kenya’s Principal Secretary in the State Department for International Trade Dr Chris Kiptoo stated that the AfCFTA agreement has three protocols that cover trade in goods, services, rules and procedures and dispute settlement among countries.

[caption caption="Presidents Uhuru Kenyatta, Yoweri Museveni and Paul Kagame"][/caption]

He further added that the continent is also working on a regional payment system in view of the multiple currencies and the challenges posed by different values of respective currencies.