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Hogan Lovells AfCFTA (African Continental Free Trade Area)

The AfCFTA Report is a guide to what businesses need to know about the African Contintental Free Trade Area: the treaty which is in the process of uniting Africa into one single market.

The AfCFTA Report is a guide to what businesses need to know about the African Contintental Free Trade Area: the treaty which is in the process of uniting Africa into one single market.

Member States of the African Union (AU) have a combined population of over 1.2 billion people and gross domestic product of more than US$ 3.4 trillion – yet the continent accounts for less than 3% of world trade. The AfCFTA is an ambitious project to unite this group of countries, individuals and economies under a single market with freedom of movement of goods, services, capital and people. 54 of 55 African Union states have now signed up, with Nigeria's accession in July 2019 marking the historic entry of Africa's largest economy. At the same time, the treaty has now entered the implementation phase. The implications for business are significant, as a new economic and legal framework begins to take form.

As the free trade area progresses and new legal texts are negotiated, we will provide updates and new resources to help you keep ahead of changes in dispute resolution, trade and investment across the continent.

Click here to view the full report

African Law Business Publication

Global Arbitration Review Publication


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