Kenya and Ethiopia Sign Landmark AfCFTA Agreement to Boost Cross-Border Trade

Kenya and Ethiopia have taken a significant step toward deeper regional economic integration with the signing of a bilateral agreement to implement key aspects of the African Continental Free Trade Area (AfCFTA). The deal, signed this week at the Moyale border town, establishes a framework for a Simplified Trade Regime (STR) designed to streamline cross-border commerce, particularly benefiting small-scale traders. The memorandum of understanding (MoU) lays the groundwork for reducing non-tariff barriers, accelerating goods clearance, and expanding the role of border communities in the continental free trade project. The STR provides a practical mechanism for the movement of goods between the two countries, a mo.......