World's largest free trade area by number of countries, creating a unified continental market.
India is increasingly leveraging the AfCFTA—a USD 3.4 trillion market covering 1.4 billion people—by establishing manufacturing hubs in South Africa and Kenya for continent-wide market access as part of its realigned Africa strategy in June 2026.
|
Term |
Detail |
|
Member States |
54 of 55 AU nations; Eritrea is the only non-member |
|
Market Size |
USD 3.4 trillion GDP, 1.4 billion people |
|
Operational Launch |
1 January 2021; secretariat in Accra, Ghana |
|
Tariff Target |
Eliminate 90% of tariffs on goods progressively |
|
Trade Boost |
Expected 52% increase in intra-Africa trade by 2030 |
|
AU Agenda Link |
Aligned with African Union Agenda 2063 integration vision |
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