Giant trade agreement for development in Africa: the Continental Free Trade Area

Giant trade agreement for development in Africa: the Continental Free Trade Area

The Continental Free Trade Area (CFTA) will cover an African market of 1.2 billion people and a gross domestic product (GDP) of $2.2 trillion, across all 55 member States of the African Union. In terms of numbers of participating countries, the CFTA will be the world’s largest free trade area since the formation of the World Trade Organization (WTO).