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.
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