This article was first published on The African Report on 30 June 2022
Groupe Filatex’s chief investment officer George Conde talks to The Africa Report about how the African Continental Free Trade Area (AfCFTA) is changing business on the continent. Filatex is based in Madagascar, and its activities are focused on energy, free zones, real estate and venture capital.
The Africa Report: Has the AfCFTA changed the way you do business since its launch?
George Conde: It has been a game changer for us in the sense that we went from being mainly focused on local development to seek strategic international partnerships that can help us access new competencies, innovation and lift our market development. We are also looking at expanding into mainland Africa.
"AFCFTA is a start, but private sector empowerment is needed to unlock full free trade benefits.”