New Pan-African Trade Deal Can Transform the Continent’s Food Systems

AfCFTA

Now that it is in effect, the AfCFTA will be one of the largest free trade areas in the world, covering a market of more than 1.2 billion people and up to USD$3 trillion in combined GDP. It also has the potential to increase intra-African trade by more than 50 per cent, which would add an estimated USD$76 billion in income to the rest of the world. African nations have already made determined efforts to increase trade among themselves through eight Regional Economic Communities (RECs) officially recognized by the African Union, and via many additional regional trade agreements. READ MORE