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 Africa Continental Free Trade Area (AfCFTA) 

 Sustainable Development Goals (SDG's) 

 ISO 37000 Governance Standards 

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The AfCFTA is the worlds largest free trade area bringing together the 55 countries of the African Union (AU) and eight (8) Regional Economic Communities (REC's). The overall mandate of the AfCFTA is to create a single continental market with a population of about 1.3 billion people and a combined GDP of approximately US$ 3.4 Trillion. The AfCFTA is one of the flagship projects of Agenda 2063: The Africa We Want, the African Union's long-term development strategy for transforming the continent into a global powerhouse. As part of its mandate, the AfCFTA is to eliminate trade barriers and boost intra-Africa trade.

The 17 sustainable development goals to transform our world:

  • Goal 1: No Poverty

  • Goal 2: Zero Hunger 

  • Goal 3: Good Health and Well-being

  • Goal 4: Quality Education 

  • Goal 5: Gender Equality 

  • Goal 6: Clean Water and Sanitation 

  • Goal 7: Affordable and Clean Energy

  • Goal 8: Decent Work and Economic Growth

  • Goal 9: Industry, Innovation and Infrastructure 

  • Goal 10: Reduce Inequality 

  • Goal 11: Sustainable Cities and Communities 

  • Goal 12: Responsible Consumption

  • Goal 13: Climate Action

  • Goal 14: Life Below Water

  • Goal 15: Life on Land 

  • Goal 16: Peace and Justice Strong Institutions

  • Goal 17: Partnerships to achieve the Goal

International Benchmark for good governance guidance:

  • Purpose: reason for existence from all perspectives.

  • Value Model: the elements comprising value creation and value generation required to fulfil purpose. 

  • Strategy: directing and engaging strategies in accordance with the value generation model. 

  • Oversight: overseeing organisational performance and ensuring that the organisation fulfils all expections.

  • Accountability: holding to account those to whom the governing body has delighted authority. 

  • Stakeholder Engagement: engaging with stakeholders and meeting expectations.

  • Leadership: ethical and effective leadership arrangements.

  • Data and Decisions: data as a resource for decision-making. 

  • Risk Governance: the effect of uncertainty on organisational purpose and strategic outcomes.  

  • Social Responsibility: transparent decision making aligned with broader societal expectations. 

  • Viability and Performance Overtime: remaining viable overtime without compromising current and future generations. 

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