African Union Launches world’s biggest free trade deal

8th July 2019 BY checkoutafrica

At the African Union Summit in Niger, Nigerian President Muhammadu Buhari launched the African Continental Free Trade Area by signing the continent’s largest economy onto the deal. After months of reluctance over competition concerns, Nigeria’s support gives weight to forming the world’s largest free trade zone — a 55-nation bloc worth $3.4 trillion. Only 16% of international trade by African…