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Originally published by The Standard BusinessMay 19, 2026
7h ago
Africa banks on continental trade agreement to rev up investments
AfCFTA agreement carries enormous potential for African economies, however, a lot remains to be done to translate it into tangible outcomes for businesses and citizens...
✨ Key Highlights
African nations are leveraging the African Continental Free Trade Area (AfCFTA) agreement to boost investment and trade integration. While the agreement holds immense potential, practical implementation remains a focus.
- The AfCFTA aims to create a single market of 1.4 billion people with a combined GDP of over $3.4 trillion.
- South Africa and Kenya are actively participating, with Kenya already exporting 40% of its goods to other African nations.
- Mmaphuthi Rankapole, Chief Marketing Officer at Brand South Africa, emphasized the need to make the agreement work in practical terms.
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