A new era for intra-African trade under the AfCFTA?
Despite having some of the fastest-growing economies in the world, with a combined population of well over 1 billion people, Africa still trades predominantly with the rest of the world rather than with itself. Some estimates place intra-African trade at only about 15%. This is a strikingly low figure compared to other regions, such as Europe and Asia, which boast high levels of intra-regional trade supported by strong regional value chains.