Let's Redefine Africa And Its Future - Morsy

lets redefine africa and its future morsy

She emphasized the significance of the gathered delegates, noting the presence of 524 delegates from 40 member states alongside key partners and organizations. "What a remarkable gathering it has been. We've witnessed a powerful exchange of ideas, diverse perspectives, and bold visions for Africa's economic resurgence."

"We stand at a crossroads," Morsy said, highlighting the structural challenges facing Africa, including low levels of intra-African trade, persistent infrastructure gaps, and limited industrialization. While these obstacles are significant, she argued that they are not insurmountable "because alongside these challenges lie historic opportunities".

In a rapidly evolving global landscape shaped by shifting power dynamics and digital disruption, Africa must take a proactive role in shaping its future, with the African Continental Free Trade Area as a critical instrument.

"It is our chance to redefine Africa's economic standing, to amplify our voice on global issues, and to shape the rules of global trade and economic governance," she said of the historic agreement.

To achieve sustainable economic growth, Africa also must prioritize investments in local manufacturing and regional value chains, she urged.