Finance

African Free Trade Deal: What is In It?

by URN
The African Continental Free Trade Area agreement was brokered by the African Union and signed on by 44 of its 55 member states in Kigali, Rwanda on March 21, 2018. Courtesy photo
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The agreement establishing Africa as one trading block came into force in 2019, setting January 1, 2021 as the date trading within the African Continental Free Trade Area (AfCFTA) would start. By December 5th, 34 countries on the continent had ratified the agreement - a consent to be bound by the provisions of the pact, which shows a country’s readiness to implement it.The AfCFTA went live

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