February 24, 2026

The World Largest Single Market

AFCFTA: The World's Largest Single Market
The African Continental Free Trade Area (AfCFTA) is the central pillar of long-term economic integration.
Scale: It aims to unite 55 countries into a single market, potentially raising intra-African trade by 15% to 25% by 2040.
Strategic Goal: Beyond lowering tariffs, the agreement is designed to build industrial resilience, allowing Africa to process its own raw materials rather than remaining dependent on external markets.
Challenges: Implementation faces hurdles such as infrastructure deficits, varying national interests, and the need for unified customs regulations.

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