With the 32nd Ordinary Session of the General Assembly of the African Union (AU) closing in, Ethiopia has approved the Africa Continental Free Trade Area (AfCFTA) agreement, after the cabinet passed the deal over the weekend. No show from North AfricaWhile all the North African countries signed the Kigali Declaration enacting the AfCFTA, none of them is yet to ratify the agreement. Seeing that all ratifications have been from sub-Saharan Africa, the AU had earlier challenged countries from Northern region to ratify the AfCFTA agreement. The African Continental Free Trade Agreement (AfCFTA) is a trade agreement with signatories from 49 African Union member states. Once all documents are concluded and ratified by 22 states, the free trade area will formally exist.
Source: The North Africa Journal February 04, 2019 11:37 UTC