African Continental Free Trade Agreement
African leaders agree on an continent-wide free trade zone, which encompasses all African nations except for Eritrea and Somaliland. The various European territories located in Africa are also excluded. It will be the largest free trade zone since the creation of the World Trade Organization.
It took African countries four years to agree to a free-trade deal in March. The trade zone will unite 1.3 billion people, create a $3.4 trillion economic bloc and usher in a new era of development across the continent.