AfDB and AfCFTA: A Strategic Alliance to Accelerate Africa’s Integration | THE NIL AFRICA

News · THE NIL AFRICA

AfDB and AfCFTA: A Strategic Alliance to Accelerate Africa’s Integration

September 26, 2025 · By THE NIL AFRICA

The President of the African Development Bank Group (AfDB), Sidi Ould Tah, recently met in Abidjan with Wamkele Mene, Secretary-General of the African Continental Free Trade Area (AfCFTA)

Through a $16 million support package, the AfDB financed the Institutional Support Programme for the AfCFTA, enabling the establishment and operationalization of its Secretariat. The results are significant: The AfCFTA Secretariat is now fully operational and equipped with modern trade tools such as the electronic tariff book, rules of origin certificates, the Pan-African Payment and Settlement System (PAPSS), and the Adjustment Fund. More than 5,000 certificates of origin have already been issued, facilitating real intra-African trade. Between 2022 and 2024, the AfDB approved $7.23 billion in infrastructure investments to strengthen regional connectivity and economic corridors, particularly in low-income countries. Today, 54 countries have signed and 49 have ratified the AfCFTA Agreement, making Africa the world’s largest integrated market, with 1.5 billion consumers and a combined GDP of more than $3 trillion. At THE NIL AFRICA, we fully align with this continental vision. Our mission is to advance intra-African trade by connecting producers, processors, logistics providers, and distributors through a network of value-driven partnerships and modern trade infrastructure. The synergy between the AfDB, the AfCFTA, and private sector actors like THE NIL AFRICA is essential to turn opportunities into tangible outcomes — jobs, industrial growth, and shared prosperity. Together, we are shaping an integrated, self-reliant, and prosperous Africa — built by Africans, for Africans. © 2025 THE NIL AFRICA Contact Us

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