AfCFTA – African free trade bloc opens for business, but challenges remain (Joe Bavier, Reuters, WEF)

  • The African Continental Free Trade Area (AfCFTA) began on New Year’s Day 2021.
  • It aims to bring continent-wide free trade to 1.3 billion people in an $3.4 trillion economic bloc.
  • But challenges including poor road and rail links, political unrest, and excessive border bureaucracy will not disappear overnight.