Africa is about to implement the largest free-trade agreement since the founding of the World Trade Organization in 1995. This latest move could create an African single market that would be the fifth-largest economy in the world. Last month, African leaders met at the 32nd African Union (AU) summit to discuss the progress of the African Continental Free Trade Area (AfCFTA). Plans for a united African single market have been around for years, but now just one more country needs to ratify the agreement before a continent-wide free-trade area becomes a reality. That’s good news. By boosting trade both within and outside of the continent, the AfCFTA would fundamentally revolutionize African commerce and has the potential to add billions to Africa’s economy….
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