New data shows a significant increase in trade among African countries, signaling steady progress under the African Continental Free Trade Area framework. The growth reflects reduced tariffs, improved logistics, and rising confidence among regional businesses.
Manufactured goods, agricultural products, and processed foods recorded the highest growth, with small and medium-scale enterprises playing a leading role. Trade corridors linking West, East, and Southern Africa showed notable expansion.
Regional economic blocs are strengthening cooperation to simplify customs procedures and improve cross-border infrastructure. These efforts are helping to reduce transaction costs and delivery times.
Economists say the trend marks a shift away from over-dependence on external markets, fostering economic resilience and job creation within the continent.
Policymakers have reiterated their commitment to deepening trade integration, describing the momentum as a critical