United Nation Conference on Trade and Development (UNCTAD Secretary-General Mukhisa Kituyi has won an award for his tremendous contribution to the conceptualization, development and launch of the African Continental Free Trade Area (AfCFTA), under which trading commenced on 1 January. – By Ramadhan Kambi
The AfCFTA created the world’s largest free trade area, a $3.4 trillion market that will ease trade across borders for the continent’s 1.3 billion people. It will also promote industrialization, create jobs and improve the competitiveness of African industries on the global stage.
According to the UN agency website, Dr Kituyi a Kenyan was recognized for his exceptional contribution to the AfCFTA process ranging from supporting negotiations to offering technical advice.
He was awarded during a ceremony held at the African Union Commission headquarters in Addis Ababa, Ethiopia.
Dr Kituyi who has also announced that he will be resigning from the agency said he was humbled by the recognition of the UNCTAD’s tireless efforts to unleash the continent’s immense potential through closer trade.
“The work has only begun. We will only ensure economic prosperity for all in Africa if we use the opportunity offered by the AfCFTA to enhance productive capacities across the continent.”
Several African heads of state and heads of institutions were also awarded for their prominent role in bringing the AfCFTA into fruition.
The event was organized by the African E-Trade Group in collaboration with the African Union Commission, the African Business Council, the Pan African Chamber of Commerce and Industry, the Federation of West African Chambers of Commerce and Industry, and the East African Chamber of Commerce, Industry and Agriculture.