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AfCFTA aims to boost South African businesses by creating a single market of over 1.4 billion people across Africa.
The African Continental Free Trade Agreement (AfCFTA) offers South African businesses vast opportunities to expand across Africa, according to a senior trade official.
Launched in 2019, the AfCFTA aims to create a single market of over 1.4 billion people, boosting exports, growth, and jobs.
Despite challenges like delays at borders, the agreement simplifies cross-border trade and digital commerce, supported by the ratification of digital trade protocols by Nigeria and other countries.
The Economic Commission for Africa and AfCFTA Secretariat have also signed a pact to enhance implementation.
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La AfCFTA tiene como objetivo impulsar las empresas sudafricanas mediante la creación de un mercado único de más de 1.400 millones de personas en toda África.