ISDS Case Map
AfCFTA
African Continental Free Trade Area
With the African Growth and Opportunity Act set to expire and Trump a free trade sceptic, what's the future of US-Africa trade? Some analysts argue that Washington should shift its focus from AGOA towards building a new partnership centred around AfCFTA.
Zambia has officially gazetted its Provisional Schedule of Tariff Concessions under the African Continental Free Trade Area Agreement.
The African Continental Free Trade Agreement has had very little impact on continental trade patterns just shy of six years after its (30 May 2019) inception.
Although some trade has taken place under this framework—such as exports from Ghanaian and South African companies in 2023—these transactions remain marginal.
Mozambique is awaiting approval of its tariff offer at the next Summit of Heads of State and Government this quarter, in order to effectively begin commercial transactions within the continental free market.
Africa’s experience of thirty years of failure in the application of the so-called free market policies of neoliberalism shows that the process of economic transformation and regional integration and the policies required cannot be left to the free-working of market forces.
Nigeria’s first shipment under the African Continental Free Trade Area has arrived at Mombasa Port, Kenya.
Kwara Garment Factory in Nigeria plans are underway to leverage the African Continental Free Trade Agreement, and explore export opportunities across Africa.
Given that the AfCFTA could lead to a rise in demand for African land from agricultural and other investors, and that climate policies are increasingly looking to land projects to “capture” carbon, the risks for local communities whose livelihoods rely on land will be great.
Kenyan President William Ruto called on African nations to integrate special economic zones (SEZs) into a continental transformation strategy to drive growth.
