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Economy and Aid

Somalia Formally Joins AfCFTA to Drive Continental Trade Growth

07 September 2026 · Verified · 3+ independent sources · Edition 15

Somalia has officially become the 50th nation to ratify the African Continental Free Trade Area (AfCFTA) agreement, depositing its instrument of ratification with the African Union. This move signifies Somalia's commitment to fostering continental trade growth and economic integration. Membership is expected to open new markets and opportunities for Somali businesses.

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