Intra-African Trade Surges to $220 Bn in 2024 as AfCFTA Gains Traction
Trade between African nations rebounded sharply in 2024, reaching $220.3 billion, a 12.4% increase over the previous year—after a 5.9% contraction in 2023, according to Afreximbank’s African Trade Report 2025. This resurgence was powered by stronger activity in South Africa, Nigeria, and Morocco, solidifying their roles as intra-African trade engines. Nigeria in particular more than doubled … Continue reading Intra-African Trade Surges to $220 Bn in 2024 as AfCFTA Gains Traction
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