In preparing our second edition of the PAFTRAC Africa CEO Trade Survey Report, more than 800 senior executives from Africa's private sector shared with us their views on the impact of the AfCFTA on trade and their economic outlook.

This report was prepared by the Pan-African Private Sector Trade & Investment Committee (PAFTRAC), in partnership with the African Export-Import Bank (Afreximbank), African Business, Botho Emerging Markets Group, Africa Business Council and the Arab-Africa Trade Bridges Program.

One major advantage of the AfCFTA is that it can enable aggregation across borders so that African countries can pool products in the volume and quality that make them more competitive in global markets.

PAFTRAC members hope that this survey proves instructive and helps shape policy discourse and public-private sector engagements on policy, as well as the regulatory reforms required to support African SMEs to take full advantage of the AfCFTA.

About PAFTRAC

The Pan-African Private Sector Trade and Investment Committee (PAFTRAC) unites African leaders from the private sector and provides a unique advocacy platform bringing together the African private sector and African policymakers to support extra and intra-African trade, investment, and pan-African enterprise.

The platform drives pan-African results by providing a framework for private sector engagement in trade and investment issues in Africa, including policy formulation and trade negotiations to support African economies in line with the ambitions of Agenda 2063: “The Africa We Want”.

PAFTRAC enhances advocacy and supports policy actions and recommendations of the private sector on trade, and investment issues at the national, trade corridor, regional and multilateral levels.