Savannah Cement sees opportunity with African trade agreement

Savannah Cement of Kenya has optimism of growing trade following the signing of the KES3trn (US$29.7m) African Continental Free Trade Area (AfCFTA) agreement.

Savannah Cement's CEO, Ronald Ndegwa, said that east Africa-based companies will soon start enjoying wider markets and opportunities.

The AfCFTA signed last Tuesday in Kigali, Rwanda, seeks to create a single continental market for goods and services, with free movement of business persons and investments. This will pave the way for accelerating the establishment of the Continental Customs Union and the African Customs Union.

Such opportunities, Ndegwa said, demand strict adherence to quality standards including external and independent audits.