African countries sign continental free trade agreement

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African countries on Wednesday signed an agreement establishing the African Continental Free Trade Area (AfCFTA) in Kigali, capital of Rwanda.

It is the biggest free trade agreement since the establishment of the World Trade Organization (WTO), with 44 nations signing the arrangement forming AfCFTA.

The signing took place during the 10th Extraordinary Session of the Assembly of the African Union (AU).

The agreement will now be submitted for ratification by state parties in accordance with their domestic laws.

(With input from Xinhua)