African Continental Free Trade Area
The African Continental Free Trade Area is the largest free trade area in the world by number of participating countries, creating a single market for goods and services across 54 African nations. It aims to boost intra-African trade, promote industrialization, and create jobs.
54
Member Countries
1.4
billion people
$3.4
Market Size
90%
Tariff Reduction
90% of tariffs on goods eliminated over 5-10 years
Simplified rules allowing 40% value addition to qualify
Streamlined customs procedures and reduced border delays
Progressive liberalization of trade in services
Framework for investment protection and dispute resolution
Digital trade protocols for cross-border e-commerce
