Economics Trade Agreements Questions
The African Continental Free Trade Area (AfCFTA) is a trade agreement among 54 African Union member states that aims to create a single market for goods and services, facilitate the free movement of people and capital, and promote economic integration across the African continent. It was established in 2018 and is considered the largest free trade area in the world by the number of participating countries. The AfCFTA seeks to boost intra-African trade, enhance competitiveness, and foster sustainable economic development in Africa.