AfCFTA Protocol on Competition Policy: Factsheet
The AfCFTA Protocol on Competition Policy was adopted by the AU Assembly during its 36th Ordinary Session held from 18 to 19 February 2023 in Addis Ababa, Ethiopia. The Protocol includes a Preamble and 6 parts (or chapters) with 28 Articles. The Protocol will enter into force 30 days after the deposit of the 22nd instrument of ratification of the Protocol. Only State Parties to the AfCFTA Agreement can ratify or accede to the Protocol. The Protocol is an agreement by State Parties to ensure that competition contributes to trade, inclusive growth, industrialisation, innovation and sustainable economic development in Africa. The Protocol will help to create a fair and competitive business environment in Africa by promoting competition and addressing restrictive business practices. MSMEs, in particular, will benefit from a fair and competitive business environment. Consumers will benefit lower prices and more choices.
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