Being the largest free trade agreement (by participating states), AfCFTA is expected to boost intra Africa trade by eliminating import duties, tariffs and provide guarantee for free movement of persons, goods, materials, and services.
There are many opportunities for oil and gas companies who seek to expand regionally to take advantage of AfCFTA. Companies with well-developed capacities and capabilities (technical know-how, infrastructure, financials, etc.) and are able to build partnership arrangements to deliver technologically intensive services in the era of energy transition are better positioned to gain the expected benefits of AfCFTA.
This session will explore the benefits of building a regional oil and gas business and the strategies to be adopted to enhance access to raw materials, skilled labour, market, finance, know-how and expertise, technology and innovation.
