MTN Group chief executive Ralph Mupita has warned that rising anti-migrant sentiment and xenophobia could undermine Africa’s ambition to build a continent-wide market, arguing that businesses and economies can no longer afford to think within national borders.
Speaking at the Kgalema Motlanthe Foundation Winter Seminar, Mupita said Africa’s future would depend on the free movement of people, capital and ideas, rather than policies that discourage migration and regional integration.
“The digital economy we are fast moving to knows no borders. The future of Africa will not be determined by the borders that separate us, but by the economic opportunities that connect us,” Mupita said.
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His remarks come as African governments seek to accelerate implementation of the African Continental Free Trade Area (AfCFTA), a pact designed to create a single market of about 1.4 billion people
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