High Expectations as the African Continental Free Trade Area (AFCFTA) Agreement Enters into Force

Abstract

The entry into force of the African Continental Free Trade Area (AfCFTA) Agreement is certainly an important step towards the longstanding goal of African economic integration. However, much remains to be done before trade in goods and services under the AfCFTA can begin. Negotiations are yet to be finalized on outstanding matters, i.e. tariff schedule, rules of origin and sector commitments for priority services. Then, Phase II of negotiations will focus on investment, competition and intellectual property rights.