Africa, through the African Continental Free Trade Area (AfCFTA), is gradually leaping towards a single continental market with a massive economic growth projections. The full implementation of the AfCFTA will integrate 54 African countries into a single market of about 1.3 billion (to grow to 1.7 billion by 2030) consumers with an aggregate GDP estimated to be between $2.1 and $3.4 trillion according to reports.

However, the financial capacity and influence which earnestly are required for the smooth development and implementation of AfCFTA are slim,.

This newsletter highlights the issues that may hinder the actualisation of AfCFTA’s huge projections and expounds the succour the Islamic Finance Instruments may give in financing a connected Africa.