Vice President Kashim Shettima joined global leaders at the 2025 World Economic Forum (WEF) to promote the African Continental Free Trade Area (AfCFTA) as a key driver for Africa’s economic integration.
Nigeria outlined its ambitious goal to expand Africa’s economy to $29 trillion by 2050, highlighting its role in advancing digital trade and capitalizing on the continent’s demographic strengths.
Børge Brende, President of the WEF, also emphasized AfCFTA’s potential, noting that its full implementation could elevate Africa’s economy to $29 trillion by 2050.
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During a forum titled “Forum Friends of AfCFTA: Turning Digital Trade into a Catalyst for Growth in Africa,” Vice President Shettima reiterated Nigeria’s commitment to AfCFTA as a means of fostering shared prosperity.
Shettima pointed out that Africa is uniquely positioned to address the global talent shortage, referencing a Korn Ferry study predicting a shortfall of over 85 million workers worldwide by 2030.
He also stated that by 2050, Nigeria’s population is expected to exceed that of the United States, making it the third most populous country in the world with 440 million people.
