situation report

Apr 2, 2019 | 17:24 GMT

1 min read

Gambia: Country Ratifies Africa-Wide Free Trade Agreement

What Happened: The Gambia has become the latest country to ratify the African Continental Free Trade Agreement (AFCFTA), African Business Magazine reported April 2.

Why It Matters: Gambia's decision to join the AFCFTA means the continent-wide free trade agreement has now obtained the minimum number of ratifications to enter into effect. If all signatories eventually ratify the deal, the AFCFTA will include 55 African states with a combined gross domestic product of nearly $3 trillion.

Background: Some 22 countries have ratified the agreement over the past year in an attempt to further the continent's economic integration.

Read More:

Connected Content

Regions & Countries

Article Search

Copyright © Stratfor Enterprises, LLC. All rights reserved.

Stratfor Worldview

OUR COMMITMENT

To empower members to confidently understand and navigate a continuously changing and complex global environment.

GET THE MOBILE APPGoogle Play