Africa Dialogue Series 2023 underway.

From 1 to 24 May 2023 the United Nations Office of the Special Adviser on Africa (OSAA) and its partners will hold the annual Africa Dialogue Series 2023 events under the theme: 'Market and Scale: Unlocking Industrialization through Intra-African Trade.'

The theme aligns with the African Union's theme of the year and aims to accelerate the implementation of the African Continental Free Trade Area (AfCFTA) and galvanize political commitment to use trade to effectively boost development across Africa effectively.

As the UN Deputy Secretary-General Amina J. Mohammed noted in her opening address 'Industrialization has become a must for Africa's economic transformation, the African Continental Free Trade Area is the only way to deliver it by providing market and scale for a revamp of Intra-Africa trade.'

Ms. Mohamed also emphasized that realizing the promise of Africa's industrialization is key to ending to the continent's crises.

The Africa Dialogue Series (ADS) is an interactive platform for policy and decision-makers, experts, academics, civil society members, young people and other stakeholders from the UN and beyond to come together and examine the challenges and opportunities impacting Africa.

The AfCFTA and Industrialization

The AfCFTA is one of the world's largest free trade areas, created by an agreement signed in 2018 and officially launched in 2021. It is expected to consolidate a single African market with the potential to unlock value chains at regional, local, and global levels.

The objectives of the AfCFTA include the creation of a single regional market for goods and services, the promotion of sustainable and inclusive socioeconomic development, ensuring gender equality, and facilitating structural transformation of the State Parties.

Additionally, the agreement seeks to promote industrial development through diversification and regional value chain development, agricultural development, and food security.

The gradual elimination of tariffs on 90 per cent of goods and reduced barriers to trade in services could raise income by 7 per cent, equivalent to $450 billion, by 2035, reducing the number of people living in extreme poverty by 30 million and lifting another 68 million people from moderate poverty.

However, to effectively implement the AfCFTA, Member States need to embrace industrialization by focusing on increasing productive capacities in a competitive landscape and investing in human capital.

This will ensure that...