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Intra-African Trade Is Set to Reach $230 Billion in 2026: Where the AfCFTA Opportunities Are

Afreximbank forecasts that trade between African countries will grow 10% this year, to $230 billion. Here is what is driving it, which sectors gain most, and how African businesses can get in early.

VeriAfrica cover card, AfCFTA & Trade: "Intra-African Trade to Hit $230 Billion in 2026"

Key takeaways

  • Afreximbank expects intra-African trade to grow 10% in 2026, from $210 billion to $230 billion, about 16% of the continent’s total trade.
  • Three drivers: the AfCFTA cutting tariffs and non-tariff barriers, the PAPSS payment system cutting foreign-exchange costs by an estimated 20% to 30%, and the AfCFTA Digital Trade Protocol.
  • Manufacturing and agri-food are expected to make up 48% to 50% of intra-African trade flows.
  • The first barrier for SMEs is not tariffs but discovery: knowing which tenders, buyers and partners exist across language lines.

For decades, the headline number on African trade has been a frustrating one: roughly 15% of the continent’s trade happens between African countries, against more than 60% inside Europe or Asia. In 2026, that number is finally moving.

In its African Trade and Economic Outlook 2026, published on 30 March 2026, the African Export-Import Bank (Afreximbank) forecasts that intra-African trade will grow by 10% this year, from $210 billion in 2025 to $230 billion, lifting its share of total African trade to around 16%. Africa’s total trade reached about $1.4 trillion in 2025.

A one-point gain in share may sound small. In money, it is $20 billion of new business between African companies in a single year, and it is the clearest sign yet that the African Continental Free Trade Area (AfCFTA) is moving from treaty to daily transactions.

What is driving intra-African trade in 2026

1. The AfCFTA is being implemented, corridor by corridor

The AfCFTA has 54 signatory countries and is building toward a single market, with implementation still uneven from one country to the next. Tariff schedules are only part of the story: Afreximbank points to the gradual removal of non-tariff barriers along key trade corridors (border delays, duplicated inspections, conflicting standards) as a major driver of the 2026 outlook.

2. PAPSS makes paying an African supplier cheaper

Until recently, a payment from Kigali to Libreville often went through dollars or euros and a correspondent bank outside the continent. The Pan-African Payment and Settlement System (PAPSS) lets businesses pay each other in local currencies. Afreximbank estimates it will reduce foreign-exchange costs by 20% to 30%, a direct saving on every cross-border invoice.

3. The Digital Trade Protocol opens the door to online B2B trade

The AfCFTA Protocol on Digital Trade was adopted by the African Union in February 2024, and its annexes, covering digital identities, cross-border payments, data transfers and cybersecurity, followed in 2025. For businesses, it means clearer rules for selling services, sharing data and signing contracts online across African borders.

Which sectors gain the most

Afreximbank expects manufacturing and agri-food to account for 48% to 50% of intra-African trade flows in 2026, up from 46% in 2025. The same report notes that African exports are about $433.8 billion below their potential, and that processing raw materials on the continent, rather than shipping them out, is where much of that value lies.

On VeriAfrica’s own opportunity board, which tracks public tenders and project pipelines across 49 African countries, the busiest sectors on 7 October 2026 were:

315construction opportunities
192supplies and equipment
86energy projects

Construction, equipment supply, energy, ICT, transport and education dominate public procurement across the continent. These are exactly the sectors where a supplier in one AfCFTA country can bid in another.

See today’s live opportunities

Browse the live board free, no login. Full details, documents and source links from US$2 a month.

The barrier no tariff schedule removes

Lower tariffs and cheaper payments only help if a business knows the opportunity exists. A ministry tender in Libreville is published in French. A donor-funded project in Nairobi is published in English. A procurement notice in Tunis may be in Arabic. Each sits on a different portal, with a different deadline. This is what we call the invisible border: opportunity exists, access does not.

That is the gap VeriAfrica was built to close. Our AI agents monitor government tender portals, donor procurement sites and project pipelines, translate every notice into six languages and filter them by sector and country. On 7 October 2026 the board held more than 1,400 live opportunities from 49 countries.

How African SMEs can capture the 2026 opportunity

  1. Pick two or three corridors, not the whole continent. Start where you already have logistics, language or partners, then widen.
  2. Watch tenders and pre-tender pipelines, not only open calls. Projects announced by the World Bank and other development banks become tenders months later. Early movers prepare consortia in time.
  3. Get paid in local currency. Ask your bank about PAPSS before quoting a cross-border price.
  4. Team up across the language line. A French-speaking firm with an English-speaking partner can bid on tenders that neither could read alone.
  5. Verify before you sign. Check registration, track record and references of any new counterpart. Trust is still the scarcest commodity in African trade.

The AfCFTA will not create opportunity on its own. African businesses that see it first, in their own language, will.

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Eliezer Moukouboungou Gomat
Eliezer Moukouboungou Gomat

Founder and CEO of VeriAfrica. Urban planner by training, development consultant by practice, developer by love. Author of The Invisible Border.

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