African Continental Free Trade Area (AfCFTA)
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Announced at Summit, 22 Oct 2008, by East African Community (EAC), Southern African Development Community (SADC) and Common Market for Eastern and Southern Africa (COMESA), to gather 26 African countries within one zone, as Africa Free Trade Zone (AFTZ). Previously also known as African Free Trade Area. May 2012, idea was extended to also Economic Community of West African States (ECOWAS), Economic Community of Central African States (ECCAS) and Arab Maghreb Union (AMU). At summit of African Union (AU), 2015, negotiations launched to create a free trade zone with the title: Continental Free Trade Zone (CFTZ). African Continental Free Trade Agreement (AfCFTA) signed 21 Mar 2018, Kigali (Rwanda) and entered into force, 30 May 2019. Operational phase launched 7 July 2019.Available with paid subscription only.
Members in 79 countries
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Type II ClassificationAvailable with paid subscription only.
- Conditions of Trade
- Intergovernmental Communities
UN Sustainable Development Goals **
UIA Org ID
Last News Received
** UN SDGs are linked to the subject classification.
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