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  • Sunday Independent

    Growing intra-African trade

    Mar 28, 2021 3 minutes
    SHANNON EBRAHIM
    REUTERS

    THE African Continental Free Trade Area (AfCFTA), which came into force in January, is a huge opportunity to strengthen Africa’s position within the global trading system.

    The AfCFTA is one of the largest free trade areas in the world, with a combined market of 1.2 billion people across 55 countries, and will ensure that the continent benefits from increased trade as a bloc. It represents a long-term process of continental integration, and is undeniably a powerful tool to open opportunities.

    Currently intra-African trade is very low, standing at only 16% compared to

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