BBC, June 10
Africa’s largest free-trade zone is to be created, covering 26 countries in an area from Cape Town in the south to Cairo in the north.
The deal, signed in Egypt, is intended to ease the movement of goods across member countries which represent more than half the continent’s GDP.
Since the end of colonial rule, governments have been discussing ways to boost intra-African trade.
Three existing trade blocs – the Southern African Development Community (Sadc); the East African Community (EAC) and the Common Market for Eastern and Southern Africa (Comesa) – are to to be united into a single new zone.
The pact – known as the The Tripartite Free Trade Area (TFTA) – will then be officially unveiled at the upcoming summit of the African Union this weekend in South Africa.
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