African Continental Free Trade Area

The African Continental Free Trade Area (AfCFTA) is a trade agreement that aims to create a large, unified market by reducing barriers like tariffs and taxes on goods and services across African countries. By doing so, it encourages easier, cheaper trade, boosts economic growth, and fosters investment and job creation throughout the continent. Essentially, AfCFTA helps countries work together more efficiently, enabling businesses to access larger markets and consumers to benefit from a wider variety of products. It’s a major step toward economic integration and development for Africa.