Adedayo Akinwale in Abuja
Electricity generation companies (Gencos) have expressed optimistism that the African Continental Free Trade Agreement (AfCFTA) signed last Sunday in Niamey, Niger Republic by all heads of government of the African Union, including President Muhammadu Buhari, would boost power generation and supply in the continent.
The Executive Secretary, Association of the Power Generation Companies (APGC), Joy Ogaji, in a statement wednesday, said that the due diligence conducted prior to the agreement and the corresponding cohesion with several interest groups, have assured the operators of a conducive operational environment.
Against this background, Ogaji expressed confident that the AfCFTA agreement would boost intra-Africa trade among African countries from the current 16 per cent to about 60 per cent.
She, however, warned that the benefits of the AfCFTA agreement to Nigeria might not be fully realised until the problems of…
Source: Thisday Newspaper
