Gloseg

AfCFTA

African Continental Free Trade Area

Continentalactive

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

Headquarters

Accra, Ghana

Established

2018 (signed), 2021 (trading started)

Official Website

Tariff Elimination

90% of tariffs on goods eliminated over 5-10 years

All sectors

Rules of Origin

Simplified rules allowing 40% value addition to qualify

ManufacturingAgriculture

Trade Facilitation

Streamlined customs procedures and reduced border delays

LogisticsTrade

Services Liberalization

Progressive liberalization of trade in services

FinancialTourismTransport

Investment Protection

Framework for investment protection and dispute resolution

Investment

E-Commerce Framework

Digital trade protocols for cross-border e-commerce

TechnologyRetail

Sectors Covered

AgricultureManufacturingMiningServicesTechnologyFinancial ServicesTransportTourism
Export Tools17+