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Kenya Begins Trading Under AfCFTA With Locally Made Batteries www.theexchange.africa

Kenya is one of the six nations chosen to participate in the AfCFTA Initiative on Guided Trade’s pilot phase after it was realised that no trading had occurred one and a half years after the start of the preferential trading system on January 1, 2021.

The ninth meeting of the AfCFTA Council of Ministers charged for trade occurred on July 25 and 26, 2022, in Accra, Ghana, and announced the Start of Trade during the Pilot Phase.

Seven nations were chosen to test out commerce in the continental free trade zone for Africa during the summit, including Ghana, Kenya, Tunisia, Cameroon, Egypt, and Mauritius.

Despite being in different economic blocs than nations like Ghana and Tunisia, Kenya will now be able to access markets in Central Africa and West Africa at preferential prices thanks to the trial phase.