African-European Centre for Investment and Trade (AECIT)
The Centre Works To:
support the implementation, and if necessary, reforms of the European Partnership Agreements (EPA)
support the development of a customs union among African states in order to stimulate investment and trade
contribute to sustainable economic growth, to cross-sector innovation, to employment creation and welfare for all, and to governance innovation.
In a context of globalisation and technological innovations, market integration and free trade are very important to ensure economic growth and welfare for the peoples of Africa.
The European Partnership Agreements offer new opportunities for investment and trade between the world’s largest and richest market and the dynamic African societies. Moreover, a Continental Free Trade Area (CFTA) is under negotiation, potentially offering further incentives. However, this requires a coherent approach to put in place all required framework conditions. The promise by the European Union of a new partnership with Africa could be the basis.
These benefits require foresight, innovation in economy and governance, ‘ubuntu’ and effective collaboration between stakeholders, and research and executive development.
The African-European Center for Investment and Trade (AECIT) contributes to design agile strategies and effective management methods to achieve these goals.
The best way to find yourself is to lose yourself in the service of others
- Thomas Shultz