Back to today’s briefing

Story perspectives

Lagos Reports 49 AfCFTA Ratifications as Digital Trade Awaits

8/21/2026

39 2 Full Breakdown

Summary

Story summary

Lagos officials reported 49 AfCFTA ratifications as of July 2026.
The AfCFTA pact signed in Kigali 2018 entered force 2019 and began operating Jan 2021.
Fifty-four of 55 African Union members have signed the AfCFTA.
PAPSS links 28 countries, over 190 banks and 16 payment switches for African-currency cross-border payments.
AfCFTA’s Digital Trade Protocol, adopted Feb 2024 with annexes Feb 2025, still needs national ratification.

1 of 1

Story summary

Lagos officials reported 49 AfCFTA ratifications as of July 2026.
The AfCFTA pact signed in Kigali 2018 entered force 2019 and began operating Jan 2021.
Fifty-four of 55 African Union members have signed the AfCFTA.
PAPSS links 28 countries, over 190 banks and 16 payment switches for African-currency cross-border payments.
AfCFTA’s Digital Trade Protocol, adopted Feb 2024 with annexes Feb 2025, still needs national ratification.