ADDIS ABEBA – South African negotiator Wamkele Mene has been installed as the new secretary-general of the Africa Continental Free Trade Area (AfCFTA).
Mene, who served as the country’s chief negotiator at AfCFTA, has beaten Nigerian candidate, Cecelia Akintomide, for the top job at AfCFTA, which will be headquartered in Accra, Ghana.
The AfCFTA forms part of broader efforts to remove tariffs on up to 90% of exports to foster more trade among countries on the continent as Western countries usually trade more with African nations individually than the latter do with each other.
It will create a market of 1.2 billion people with a combined GDP of more than $2.2 trillion.
Mene, who may assume his new position in March, holds a BA in law from Rhodes University, an LLM in banking law and financial regulation from the London School of Economics and Political Science.