ブログ
2023年4月08日
The African Continental Free Trade Agreement (AfCFTA) is one of the most significant trade agreements on the African continent. It aims to create a single continental market for goods and services, as well as free movement of business persons and investments. The AfCFTA was signed by 44 African countries in March 2018 and came into force on January 1, 2021. It has the potential to boost intra-African trade, increase economic growth, and create job opportunities across the continent.
As of August 2021, 54 African countries have signed the AfCFTA agreement, with 38 countries having ratified it. The following are the countries that have ratified the agreement:
1. Algeria
2. Angola
3. Benin
4. Burkina Faso
5. Burundi
6. Cabo Verde
7. Cameroon
8. Central African Republic
9. Chad
10. Comoros
11. Congo
12. Côte d`Ivoire
13. Djibouti
14. Egypt
15. Equatorial Guinea
16. Eswatini
17. Ethiopia
18. Gabon
19. Gambia
20. Ghana
21. Guinea
22. Guinea-Bissau
23. Kenya
24. Lesotho
25. Liberia
26. Libya
27. Madagascar
28. Malawi
29. Mali
30. Mauritania
31. Mauritius
32. Mozambique
33. Namibia
34. Niger
35. Nigeria
36. Rwanda
37. Sahrawi Arab Democratic Republic
38. São Tomé and Príncipe
39. Senegal
40. Seychelles
41. Sierra Leone
42. Somalia
43. South Africa
44. South Sudan
45. Sudan
46. Tanzania
47. Togo
48. Tunisia
49. Uganda
50. Zambia
51. Zimbabwe
The AfCFTA is expected to eliminate tariffs on goods traded between African countries, providing a boost to intra-African trade. The agreement also seeks to address non-tariff barriers, such as bureaucratic hurdles and corruption, that have hindered trade on the continent. In addition to trade in goods, the AfCFTA also covers trade in services, investment, intellectual property rights, and competition policy.
By creating a single market, the AfCFTA is expected to increase competition, reduce prices of goods and services, and provide greater choice to consumers. It is also expected to attract more foreign investment into the continent, create jobs, and promote sustainable development.
In conclusion, the African Continental Free Trade Agreement is a game-changer for the continent`s economy. With 38 countries having ratified the agreement, the AfCFTA has the potential to create a single continental market, provide new trade opportunities, and help African countries move up the value chain. As the agreement continues to be implemented, it is expected to drive economic growth and development across the continent, creating a more prosperous future for all Africans.
2023年4月8日