ECA has advised countries to broaden their national tax base to deepen their domestic resource mobilisation.
African countries with potential in priority areas can leverage this initiative for national economic growth.
The bill should be embraced as an instrument for creating the enabling business environment the continent needs to achieve Agenda 2063.”
Stakeholders have called on Africans to think, produce and consume goods produced on the continent to promote African growth and development.
The Economic Commission for Africa (ECA) has called for inclusive policies to support women and youth entrepreneurs to accelerate African trade development.
Mr Shettima said the fund was earmarked to support 100,000 start-ups and Micro Small and Medium Enterprises (MSMEs) at single digit interest rates.
The signing ceremony was held on Wednesday in Lagos.
“A lot is expected from Nigeria now more than ever in the history of the country among its peers in Africa.”
The president is expected back in Nigeria at the end of the meeting.
“Thanks to AfCFTA, the continent is no longer a helpless bystander as developed countries pursue their strategic interests at Africa’s expense.
