Egyptian Ambassador to Addis Ababa Osama Abdel Khalek announced in a Tweet on Wednesday that Egypt has officially deposited the African Continental Free Trade Agreement (AfCFTA) ratification instrument to be the 18th depositor.
The ambassador added that four remaining states have to sign for the agreement to go into effect.
Fifty two out of 55 member states in the African Union signed up to AfCFTA that must be ratified by 22 states to come into force. Gambia is the 22nd African state to ratify the agreement as its Parliament approved the endorsement last week.
The agreement will go into effect 30 days after the ratification documents are filed with the African Union Chairperson’s office.