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African regional economic communities are recognized and serve as pillars for the establishment of the African Economic Community (AEC): ECOWAS, EAC, COMESA, ECCAS, SADC, UMA, IGAD, and CEN-SAD.

  • Arab Maghreb Union (UMA) Members States (5): Algeria, Libya, Mauritania, Morocco, Tunisia.
  • Common Market for Eastern and Southern Africa (COMESA) Members States  (19): Burundi, Comoros, DR Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius, Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia, Zimbabwe
  • Community of Sahel–Saharan States (CEN–SAD) Member States (29): Benin, Burkina Faso, Cabo Verde, Central African Republic, Chad, Comoros, Côte d’Ivoire, Djibouti, Egypt, Eritrea, Gambia, Ghana, Guinea, Guinea Bissau, Kenya, Liberia, Libya, Mali, Mauritania, Morocco, Niger, Nigeria, São Tomé and Príncipe, Senegal, Sierra Leone, Somalia, Sudan, Togo, Tunisia.
  • East African Community (EAC) Member States (5): Burundi, Kenya, Rwanda, Uganda, UR of Tanzania.
  • Economic Community of Central African States (ECCAS) Member States (10): Angola Burundi Cameroon, Central African Republic, Chad, Congo, DR Congo, Equatorial Guinea, Gabon, São Tomé and Príncipe.
  • Economic Community of West African States (ECOWAS) Member States (15): Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, Gambia, Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo
  • Intergovernmental Authority on Development (IGAD) Member States (8): Djibouti, Eritrea, Ethiopia, Kenya, Somalia, South Sudan, Sudan, Uganda
  • Southern African Development Community (SADC) Member States (15): Angola, Botswana, DR Congo, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Swaziland, UR of Tanzania, Zambia, Zimbabwe.

The African Continental Free Trade Area (AfCFTA) is a free trade area which was established in 2018. It was created African Union commission member states. The free-trade area is the largest in the world in terms of the number of participating countries since the formation of the World Trade Organization. The agreement was brokered by the African Union (AU) and was signed on by 44 of its 55 member states in Kigali, Rwanda on March 21, 2018.

The agreement initially requires members to remove tariffs from 90% of goods, allowing free access to commodities, goods, and services across the continent. The United Nations Economic Commission for Africa estimates that the agreement will boost intra-African trade by 52 percent by 2022.

The general objectives of the agreement are to :

  • Create a single market, deepening the economic integration of the continent.
  • Establish a liberalised market through multiple rounds of negotiations.
  • Aid the movement of capital and people, facilitating investment.
  • Move towards the establishment of a future continental customs union.
  • Achieve sustainable and inclusive socio-economic development, gender equality and structural transformations within member states.
  • Enhance competitiveness of member states within Africa and in the global market.
  • Encourage industrial development through diversification and regional value chain development, agricultural development and food security.
  • Resolve challenges of multiple and overlapping memberships.

Free Trade Agreement, or FTA, is a treaty signed by two or more economies with the aim of lessening trade barriers among its signees. In such agreements/policies, commodities are exchanged with little or no tariffs, regulations, subsidization and restrictions throughout border crossings .