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The Largest Free Trade Deal in Nearly a Quarter-Century Seeks to Make Africa a Single Market
Article

The Largest Free Trade Deal in Nearly a Quarter-Century Seeks to Make Africa a Single Market

Fortune, 2019

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Editorial Rating

8

Qualities

  • Analytical
  • Well Structured
  • Background

Recommendation

Writing for Fortune magazine, journalist David Meyer outlines how the new $2 trillion African Continental Free Trade Agreement (AfCFTA) will modernize its member states, make them more economically competitive, and provide a wealth of opportunities for citizens and foreign investors alike. Meyer also identifies potential obstacles, suggests how they might be overcome and contextualizes AfCFTA within global trends. If you’re interested in trade policy, regional ventures, or current events, Meyer’s pithy analysis is for you. 

Take-Aways

  • The African Continental Free Trade Agreement (AfCFTA) took effect for ratified member states on May 30, 2019.
  • The AfCFTA will remove tariffs to facilitate supplying goods and services.
  • Challenges like poor infrastructure and financing shortfalls could hamper progress. 

About the Author

David Meyer is a freelance technology reporter.