African Free Trade Zone
The African Free Trade Zone (AFTZ) is a free trade zone announced at the EAC-SADC-COMESA Summit on 22 October 2008 by the heads of Southern African Development Community (SADC), the Common Market for Eastern and Southern Africa (COMESA) and the East African Community (EAC). The African Free Trade Zone is also referred to as the African Free Trade Area in some official documents and press releases.
African Free Trade Zone | |
|---|---|
Map of Africa indicating AFTZ members. Member States | |
| Type | Trade bloc |
| Membership | 26 member states |
| Establishment | Agreement |
• Signed | 2008 |
In May 2012 the idea was extended to also include ECOWAS, ECCAS and AMU.
In June 2015, at the African Union Summit in South Africa, negotiations were launched to create a Continental Free Trade Area (CFTA) with all 55 African Union states by 2017.
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