Free Trade Area: Africa May be Moving Faster than its Shadow

[Photo by Joshua Earle on Unsplash]

On 21 March 2018, at the 10th extraordinary session of the African Union (AU) assembly in Kigali Rwanda, 44 member states adopted the initiative known as the African Continental Free Trade Area (AfCFTA). The draft commits countries to removing tariffs on 90% of goods. When AfCFTA comes into force, supposing all 55 member states enforce it, it will create a single market for goods and services as well as a customs union, free movement of people, and subsequently a single currency.

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