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What is African Continental Free Trade Area (AfCFTA)

Democratization of Africa and Its Impact on the Global Economy
A trade agreement among African Union member states aiming to create a single market followed by free movement and a single-currency union.
Published in Chapter:
Decolonizing the Developmental Agenda: A Prerequisite for African Democracy and Governance
Mohamad Zreik (School of International Studies, Sun Yat-sen University, China)
Copyright: © 2024 |Pages: 17
DOI: 10.4018/979-8-3693-0477-8.ch008
This chapter examines the colonial legacy, neo-colonial influences, and the fight for democratic government as root reasons of Africa's developmental issues. Institutional responses to these problems are examined, including the African Union (AU), the New Partnership for Africa's Development (NEPAD), and the African Peer Review. A decolonized perspective on development and political will are both emphasized. Relying on Walter Rodney's claims, this chapter stresses the significance of accountable governance, human rights, and civic engagement in addressing Africa's self-underdevelopment.
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Intra-Regional Economic Integration: The African Continental Free Trade Area Initiative
A group of countries that have agreed to remove tariffs on most goods and services over a period of time, depending on the country's level of development or the nature of the products.
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Continental Integration and Trade in the Southern African Development Community (SADC)
Is an agreement created as a free trade area encompassing most of Africa and was established in 2018 at eliminating barriers to trade in Africa by the African Continental Free Trade Agreement, eliminating barriers to trade in Africa.
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Using Human-Centered Trade Policies to End Violence in Africa: How Intracontinental Trade Can Shape Human Rights Policies and End State Violence
A trade agreement signed by 54 out of the 55 African countries to facilitate the trade in goods, services, and people.
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Economic Integration of African Economies With China and India
A unique collaborative effort by African countries to bolster regional and continental economic integration in a world marked by increasing protectionism and use of unilateral trade measures.
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