Somalia finally joins the Africa free trade agreement
African delegates during an African Continental Free Trade Area (AfCFTA) meeting in Kigali, Rwanda on March 21, 2018. Studies show the full implementation of the AfCFTA would increase intra-African trade by 52 percent or by $450 billion by 2035, according to the World Bank.
Somalia has officially become the 50th State Party to the African Continental Free Trade Area (AfCFTA), completing a series of protocol steps needed to be a part of commercial framework.
Mogadishu formally deposited its instrument of ratification at the African Union headquarters in Addis Ababa, Ethiopia on September 4 last month but details of formal membership were confirmed this week.
