Showing posts with label afcfta. Show all posts
Showing posts with label afcfta. Show all posts

Monday, August 26, 2019

Map: What is the African Continental Free Trade Area (AfCFTA)?

African Continental Free Trade Area countries: Map of AfCFTA members and signatories as of August 2019. Who has signed the AfCFTA, who has ratified the AfCFTA, and who has not signed. Colorblind accessible.
Map by Evan Centanni, from blank map by Eric Gaba. License: CC BY-SA

New Trade Bloc: What is the AfCFTA Agreement?

Despite being neighbors, most countries in Africa trade more with other continents than with each other - a peculiar leftover of colonialism that the African Union (AU) has long been looking to change. Last year, the organization's member countries finally came together and agreed on the creation of one of the world's most expansive "free trade areas". The new zone, called the African Continental Free Trade Area (AfCFTA), officially came into being on May 30, 2019, after a minimum threshold of 22 countries confirmed that they had copied its 2018 founding treaty into their national laws (a process called "ratification").