Seychelles starts preparation of AfCFTA implementation strategy

On 17 September 2024 the Trade Department of the Seychelles Ministry of Finance, Economic Planning and Trade, with the support of the United Nations Economic Commission for Africa (UNECA), the United Nations Development Programme (UNDP) and GIZ, the German development agency, organized a workshop for the launch of the Seychelles AfCFTA implementation strategy.

During the Conference of the African Ministers of Finance, Planning and Economic Development held in Addis Ababa in May 2018, the African Union member States were urged to prepare national strategies and action plans to identify opportunities, constraints and challenges related to the AfCFTA implementation, including the sectors and products (both goods and services) that offer the greatest potential for value addition and value chain integration within the AfCFTA single market. For Seychelles, the national AfCFTA implementation strategy aims at identifying institutional and regulatory gaps, as well risks and opportunities related to the implementation of the AfCFTA. The AfCFTA national implementation strategy complements broader national long and medium-term plans already adopted by Seychelles, namely Vision 2033 and the National Development Strategy Seychelles 2024-2028. Our CEO Danilo Desiderio is the main consultant designated by UNECA to develop the strategy.