African Leaders Agree to More Infrastructure Spending
28 February 2012
Africanglobe.net - 24 February 2012
Africa’s quest for greater connectivity and improved intra-regional trade could soon become a reality after the continent’s leaders agreed to increase public spending on infrastructure and set in motion a programme to create a Continental Free Trade Area (CFTA) by 2017.
The recent 18th summit of the African Union noted that the continent’s regional integration agenda was presently affected by low-level connectivity of infrastructure networks and poor access to energy and information services.