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Analysis · AfCFTA · Business · For Professional members

AfCFTA Digital Trade Protocol: Will it address e-commerce in the African context?

Afcfta Digital Protocol, e-commerce Africa, Africa Continental Free Trade Area, AfCFTA

The Africa Continental Free Trade Area (AfCFTA) Digital Trade Protocol has been ratified at the African Union (AU) Summit in Ethiopia. 

This represents one of the most pivotal developments for continent-wide digital trade in Africa. What this protocol offers is a framework for Africans to do business with markets that were inaccessible for one reason or another in the digital sphere.

AfCFTA Africa Continental Free Trade Area, Ratification Map, Member State Map AfCFTA

Intra-Africa Trade will now come in step with developments that started across the rest of the world at the turn of the 21st Century. The undeniable prevalence of e-commerce necessitated trade agreements that included the peculiar nature of how goods and services are traded online. 

An example of this was the inclusion of e-commerce in the EU-CARIFORUM Economic Partnership Agreement (EPA) that was signed in 2008, which was the first time online trade had been mentioned in a policy document for a single trading block.

Tagged: Afcfta, AfCFTA Digital Trade Protocol, African Continental Free Trade Area (AfCFTA), Digital Trade in Africa, Digital Trade Protocol AfCFTA, E-Commerce in Africa, Pan African Payments and Settlements System (PAPSS), PAPSS