African Continental Free Trade Area (AfCFTA) Secretariat

African Continental Free Trade Area (AfCFTA) Secretariat

International Trade and Development

Accra, Greater Accra 25,963 followers

The AfCFTA aims at accelerating intra-African trade and boosting Africa’s trading position in the global market

About us

African Continental Free Trade Area (AfCFTA) is a flagship project of Agenda 2063 of the African Union — Africa’s own development vision. It was approved by the 18th ordinary Session of Assembly of Heads of State and Government, held in Addis Ababa, Ethiopia in January 2012 which adopted the decision to establish a Continental Free Trade Area. This initiative whose immediate implementation would provide quick wins, impact on socio-economic development and enhance confidence and the commitment of Africans as the owners and drivers of Agenda 2063. The AfCFTA aims at accelerating intra-African trade and boosting Africa’s trading position in the global market by strengthening Africa’s common voice and policy space in global trade negotiations.As at 5 February 2021, 36 countries have deposited their instruments of ratification., 36 countries have ratified the AfCFTA agreement. The general objectives of the AfCFTA are to: Create a single market for goods, services, facilitated by movement of persons in order to deepen the economic integration of the African continent and in accordance with the Pan African Vision of “An integrated, prosperous and peaceful Africa” enshrined in Agenda 2063; Create a liberalised market for goods and services through successive rounds of negotiations; Contribute to the movement of capital and natural persons and facilitate investments building on the initiatives and developments in the State Parties and RECs; Lay the foundation for the establishment of a Continental Customs Union at a later stage; Promote and attain sustainable and inclusive socio-economic development, gender equality and structural transformation of the State Parties; Enhance the competitiveness of the economies of State Parties within the continent and the global market; Promote industrial development through diversification and regional value chain development, agricultural development and food security; and Resolve the challenges of multiple and overlapping memberships

Website
https://au-afcfta.org/
Industry
International Trade and Development
Company size
51-200 employees
Headquarters
Accra, Greater Accra
Type
Nonprofit
Founded
2018
Specialties
Trade, Policy, Negotiations, Rules of Origin, Services, Competition, Diplomacy, Investment, Dispute Settlement, Women in Trade, Youth in Trade, and Non Tarif Barriers

Locations

  • Primary

    Ambassadorial Enclave, Liberia Road, Ridge

    Accra, Greater Accra, GH

    Get directions

Employees at African Continental Free Trade Area (AfCFTA) Secretariat

Updates

  • We are excited to announce that registration for Biashara Afrika 2024 is now open. This premier event will bring together industry leaders, policymakers, and entrepreneurs to drive the future of Africa’s trade landscape. Secure your place today and be part of this transformative event: https://lnkd.in/ebD-w4vC #BA2024 #CreatingOneAfricanMarket #DareToInventTheFutureOfTheAfCFTA

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  • We are thrilled to welcome some of the most influential thought leaders and industry experts to the stage at #BiasharaAfrika2024. From policymakers to innovators, our speakers will provide deep insights into Africa's trade transformation and business growth. Join us from October 9-11 in Kigali for this landmark event! Stay tuned as we unveil the voices shaping the future of the AfCFTA! #BiasharaAfrika24 #AfCFTA

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  • The Secretary General of the @AfCFTA Secretariat, H.E. @MeneWamkele, delivered a speech and received the Broad Pool of Ideas (BPI) Foundation award on Thursday in #Johannesburg, #SouthAfrica. In his speech titled "Transformative Industrialization and Effective Implementation of the #AfCFTA as Catalysts for #Africa’s Sustainable Development," His Excellency emphasized that the AfCFTA is more than just a trade agreement; it is a driving force for economic growth and industrialization across Africa. He highlighted the shift from raw material exports to the production of value-added goods, marking a fundamental change in Africa's engagement with the global economy. In the presence of former President of #Mozambique, Joaquim Chissano, and former First Lady of South Africa, Zanele Dlamini Mbeki, the Secretary General was honoured for his vision and leadership in overseeing the creation of a unified African market for goods and services under the African Union. The @theBPISA Foundation, a non-profit organization based in South Africa, aims to contribute to societal transformation through various initiatives.

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  • The Secretary General of the @AfCFTA Secretariat, @MeneWamkele, was one of the special guests at the Global Digital Public Infrastructure (DPI) Summit, taking place in #Cairo, #Egypt, from 1–3 October. The Secretary General's speech focused on the intersection between DPI and #Africa's economic integration. He emphasised how DPI can accelerate intra-African trade, promote financial inclusion, and unlock new opportunities for the continent's digital economy, aligning with the #AfCFTA's vision of a more interconnected and prosperous Africa. According to the Secretary General, the AfCFTA Protocol on Digital Trade develops comprehensive and harmonised data governance frameworks to facilitate cross-border data transfers, protect personal data, promote innovation, and ensure responsible data use. The DPI, therefore, supports the ambitions of the AfCFTA by enabling the implementation of digital identification, interoperable digital payments, and reliable data exchanges. After the presentation, H.E. took part in a dynamic fireside chat. The discussion explored the main challenges and opportunities of leveraging digital technologies to boost trade across African borders. The Summit is a gathering of stakeholders in the DPI ecosystem. Better Than Cash Alliance

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  • AfCFTA Secretary General Highlights Progress in Intra-African Trade at Global Africa Business Initiative Event New York, United States – 25 September 2024 The Secretary General of the AfCFTA Secretariat, Wamkele Mene, participated in a high-level panel at the “Unstoppable Africa” event in New York, organised by the Global Africa Business Initiative (GABI). In his remarks, he emphasised that much of the work has focused on creating a legal framework to promote intra-African trade. This phase is nearing completion with the approval of the final two protocols: digital trade and women and youth in trade. The focus is now on the full implementation of the AfCFTA. The Secretary General also noted that trade within this framework has already begun, with expectations that volumes will increase in the coming years. Benin’s Foreign Minister, Olushegun Adjadi Bakari, also spoke on the importance of free movement for businesspeople across the continent. He pointed out that African countries have largely upheld the borders imposed by colonial powers, and in some cases, even made them stricter. He highlighted that Benin does not require visas for any African passport holders. Other panel participants included British A. Robinson, Coordinator of Prosper Africa representing the US government, and Igor Van den Essen from APM Terminals. GABI is a global platform led by the African private sector, aimed at galvanising leaders from across the private, public, and social sectors to invest in Africa. It seeks to drive transformative change and reposition the continent on the global stage by expanding business, trade, and investment opportunities, and by connecting the African private sector with potential global partners, companies, and investors.

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  • The Secretary General of the @AfCFTA Secretariat, H.E. @MeneWamkele, took part today in #NewYork in the inaugural meeting of the Steering Committee of the Africa Green Industrialisation Initiative (AGII). The meeting, held on the sidelines of #UNGA79, was chaired by the President of #Kenya, H.E. William Samoei Ruto, PhD . Members of the Committee shared their thoughts on the vision of the initiative, exchanged insights/lessons learnt and expectations on the scope and approach of AGII.

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