African Continental Free Trade Area

URI: https://gptkb.org/entity/African_Continental_Free_Trade_Area
GPTKB entity
Statements (46)
Predicate Object
gptkbp:instanceOf free trade agreement
gptkbp:abbreviation AfCFTA
gptkbp:category gptkb:African_Union
International trade
Free trade agreements
2018 establishments in Africa
Treaties entered into force in 2019
gptkbp:enteredIntoForce 30 May 2019
gptkbp:established 21 March 2018
gptkbp:foundingDocument Agreement Establishing the African Continental Free Trade Area
gptkbp:headquartersLocation gptkb:Accra,_Ghana
https://www.w3.org/2000/01/rdf-schema#label African Continental Free Trade Area
gptkbp:language gptkb:Arabic
gptkb:French
English
Portuguese
gptkbp:largestFreeTradeAreaByNumberOfCountries true
gptkbp:memberState 54
gptkbp:officialLaunchOfTrading 1 January 2021
gptkbp:parentOrganization gptkb:African_Union
gptkbp:purpose accelerate the establishment of a Customs Union
create a single continental market for goods and services
promote free movement of business persons and investments
gptkbp:ratificationAchieved 29 April 2019
gptkbp:ratificationThreshold 22 countries
gptkbp:regionServed gptkb:Africa
gptkbp:relatedTo gptkb:Southern_African_Development_Community
gptkb:African_Economic_Community
gptkb:Common_Market_for_Eastern_and_Southern_Africa
gptkb:Arab_Maghreb_Union
East African Community
Intergovernmental Authority on Development
Community of Sahel-Saharan States
Economic Community of Central African States
Economic Community of West African States
Tripartite Free Trade Area
gptkbp:secretariat AfCFTA Secretariat
gptkbp:secretaryGeneral Wamkele Mene
gptkbp:servesArea gptkb:Africa
gptkbp:startDate 2015
gptkbp:website https://afcfta.au.int/
gptkbp:bfsParent gptkb:African_Export-Import_Bank
gptkb:Protocol_on_Free_Movement_of_Persons,_Residence_and_Establishment
gptkb:African_Union_Agenda_2063
gptkb:Trans-African_Highway
gptkbp:bfsLayer 7