Publish Date:

In hopes of inspiring nearly 1 trillion dollars worth of economic activity, African leaders will officially announce a new pact known as The Tripartite Free Trade Area (TFTA) at an upcoming summit of the African Union in South Africa. The new free trade zone will cover 26 countries in the area from Cape Town to Cairo, becoming the largest free trade zone on the continent. Three current trade blocs within Africa are to merge as one, the Southern African Development Community (SADC), the East African Community (EAC), and the Common Market for Eastern and Southern Africa (COMESA).