The AfCFTA Country Business Index

Since the private sector is directly involved in cross-border trade, it is a major stakeholder and beneficiary of the AfCFTA.

Thus, to better understand how African businesses are approaching the AfCFTA and, more importantly, how the AfCFTA can best support those businesses through trade, the United Nations Economic Commission for Africa (ECA) with the financial support of the European Union (EU) created the AfCFTA Country Business Index (ACBI).

The ACBI is a new AfCFTA-focused, ease-of-doing business index and is based on a robust theoretical framework and data collection process. It enables relevant policymakers to identify bottlenecks in intra-African trade at a country level, which informs the barriers impeding effective AfCFTA implementation from the perspective of the private sector.

Source: un.org