African Free Trade Area
Featured image: Stock

The African Continental Free Trade Area (AfCFTA) agreement will create the largest free trade area in the world, measured by the number of countries participating.

The pact will connect 1.3 billion people across 55 countries with a combined GDP valued at $3.4 trillion.

But achieving its full potential will depend on putting in place significant policy reforms and trade facilitation measures.

Read the World Bank report.

The World Bank report, The African Continental Free Trade Area: Economic and Distributional Effects, is designed to guide policymakers in implementing policies that can maximise the agreement’s potential gains while minimising risks. 

Read more on:
Trade pact could boost Africa’s income by $450 billion, study finds