UNCTAD Report

The Effect of Recent Coups in Africa on the African Continental Free Trade Agreement

There has been a wave of incessant coups in Africa, starting in Mali in 2020. Since then, it has unprecedentedly spread to 6 countries in 3 years. Other countries include Guinea (2021), Chad (2021), Sudan (2021), Burkina Faso (2022), Niger (2023), and most recently, Gabon in August 2023 have experienced coups. The coup leaders deposed elected leaders, forestalled elections, or even overthrew leaders who held on to powers for over 50 years. It has also caused the rise of a faction among African leaders. Countries with military regimes declare support for one another and daring regional bodies like the Economic Community of West African States (ECOWAS) to take any disciplinary action. This post examines the effect of the rising political instability in African countries on the African Union’s (AU) effort to implement the African Continental Free Trade Agreement (AfCFTA).