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African Free Trade Zone information


African Free Trade Zone
Map of Africa indicating AFTZ members.
  Member States
TypeTrade bloc
Membership26 member states
EstablishmentAgreement
• Signed
2008

The African Free Trade Zone (AFTZ) is a free trade zone announced at the EAC-SADC-COMESA Summit on 22 October 2008 by the heads of Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). The African Free Trade Zone is also referred to as the African Free Trade Area in some official documents and press releases.

In May 2012 the idea was extended to also include ECOWAS, ECCAS and AMU.[1]

In June 2015, at the African Union Summit in South Africa, negotiations were launched to create a Continental Free Trade Area (CFTA) with all 55 African Union states by 2017.[2]

  1. ^ "Africa free trade zone in operation by 2018". Xinhua News Agency. 26 May 2012. Archived from the original on 25 August 2012. Retrieved 21 June 2012.
  2. ^ Luke, David; Sodipo, Babajide (23 June 2015). "Launch of the Continental Free Trade Area: New prospects for African trade?". International Centre for Trade and Sustainable Development. Retrieved 26 December 2015.

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