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D-afcfta Dictionary

AfCFTA

The African Continental Free Trade Area, an agreement to create a single African market

All termsIntroduced in Module 7Open the Toolkit
An open dictionary on a farm office desk
Plain meaning
The African Continental Free Trade Area, an agreement to create a single African market
How to use it
Watch for tariff cuts under AfCFTA that open new export markets for the venture's product, alongside the rules of origin that apply.
South African benchmark
South Africa ratified the AfCFTA and began trading under it in 2024.
Country notes
All five markets have signed the AfCFTA agreement.
Go and read
C7 Lesson 7.4
Calculate it
No calculator; the term is applied in the venture plan narrative.
Library sources
LIB-A076, LIB-A133
See also
Non-tariff barrier, Trade corridor
Map of trade flows from South Africa into the four local marketsSouth AfricaZimbabweZambiaBotswanaNamibiaTrade corridorsSouth Africa supplies the regionImport parity sets the ceilingExport parity sets the floorBans and levies move the priceMain flows
From Module 7, Trade and Policy, where this term is introduced.

Introduced in C7 Trade and Policy.