Agreement Establishing The African Continental Free Trade Area

On May 30, 2019, the Agreement Establishing the African Continental Free Trade Area (AfCFTA) entered into force for the twenty-four countries that had deposited their instruments of ratification. When the remaining thirty-one member states of the African Union ratify it, the AfCFTA will cover a market of 1. 2 billion people and a gross domestic product (GDP) of 2. 5 trillion. That would make it the world's largest trade agreement since the World Trade Organization (WTO).