Africa’s massive, 54 country trade bloc

     This are the key points

  • Fifty-four African nations met recently  to work out an agreement on the pan-continental free trade zone.
  • It could unite 1.3 billion people, create a $3.4 trillion economic bloc and boost trade within the continent itself.
  • One expert says African and international investors will both benefit from the agreement, as it will make it easier for businesses to expand operations across the region.
  • China is said to have played a role in the trade pact. China-Africa trade amounted to nearly $150 billion in 2017.
  The leaders of this African nations met recently to make expansion to their continental free trade zone. This would be a big deal if it works as hoped. This will connect 1.3 billion people and create $3.4 trillion economic bloc.

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