Trends and Projections on the Implementation of the AfCFTA
Puruweti Siyakiya and
Rorisang Lesaoana
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Puruweti Siyakiya: National University of Lesotho, Department of Economics
Rorisang Lesaoana: National University of Lesotho, Department of Economics
Chapter Chapter 16 in From Policy to Practice: Challenges and Ways Forward on the Implementation of the AfCFTA, 2026, pp 335-372 from Springer
Abstract:
Abstract This paper synthesises key trends and projections shaping the ongoing implementation of the AfCFTA, highlighting both progress and persistent challenges and offering policy recommendations. Current trends indicate a gradual but determined movement towards operationalisation, marked by the ongoing finalisation of crucial protocols such as those on Rules of Origin (ROO), Investment, and Digital Trade. While initial trade under the AfCFTA has commenced, widespread benefits are contingent on the full implementation of these foundational elements and the effective resolution of non-tariff barriers (NTBs). The AfCFTA is expected to drive industrialisation, foster the development of regional value chains, and diversify African economies away from commodity dependence. Furthermore, digital transformation is projected to play a pivotal role, streamlining trade processes, enhancing financial inclusion and unlocking new opportunities for small and medium enterprises and informal traders. However, realising these projections necessitates accelerated investment in critical infrastructure (transport, energy, and digital platforms), strengthened regulatory and institutional frameworks, and sustained political commitment from member states. Addressing the digital divide, building human capacity, and ensuring inclusive participation of all stakeholders, particularly women and youth, remain crucial for the AfCFTA to achieve its full potential and reshape Africa’s economic trajectory on the global stage.
Keywords: Africa; African continental free trade area; Economic growth; Intra-African trade; Industrialisation; Market integration (search for similar items in EconPapers)
JEL-codes: F02 F13 F15 (search for similar items in EconPapers)
Date: 2026
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Persistent link: https://EconPapers.repec.org/RePEc:spr:sprchp:978-3-032-14051-7_16
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DOI: 10.1007/978-3-032-14051-7_16
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