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AfCFTA Launches Guided Trade Initiative for Seven Countries

The Secretariat of the African Continental Free Trade Area (AfCFTA), based in Accra, Ghana, launched a guided trade initiative for seven member countries on Friday 7 October.

The seven countries that have expressed their willingness to start trading under the AfCFTA are Tanzania, Mauritania, Kenya, Egypt, Cameroon, Rwanda, and Ghana.

AfCFTA Secretary General Wamkele Mene said that at least 96 different products from the seven could be traded freely under the trade zone's rules.

Products approved for trade in this context include flowers, medicines, rubber, aluminium cooking utensils, sugar, steel, and wood products.

These products from Africa will benefit from duty-free and quota-free trade between the partner countries.

Credit: AfriMag