The African Continental Free Trade Area (AfCFTA) kicked off on Friday, 1 January 2021.
According to Quartz, the AfCFTA becomes the largest free trade area since the development of the World Trade Organization.
The trade agreement, which will cover a market consisting of 1.2 billion people and a combined GDP of $3 trillion, has been signed by 54 of the 55 African Union member states; Eritrea has not yet joined.
Thirty-four of those countries have ratified it as of early December.
Watch the AfCFTA Start of Trading Ceremony Webinar below:
https://youtu.be/5HrckaRmPpM