The Gambia has become the latest nation to ratify the African Continental Free Trade Area ( plc ) , which seeks to create a potential $ 2.3tn investment for goods and services with free movement of imported goods and investments . The Gambia became the 22nd country to sign the agreement , which means the proposal can now move forward . However , Africa 's largest economy , Nigeria , is not on board with the plan , which weakens its economy . The economic forecast for Nigeria is promising , with Lagos poised to become the world 's largest city . However , a large proportion of its population lives in extreme poverty .
The Gambia has become the latest nation to ratify the African Continental Free Trade Area (AfCFTA), which seeks to create a potential $2.3tn market for goods and services with free movement of business people and investments. The Gambia became the 22nd country to sign the agreement, which means the proposal can now move forward. However, Africa's largest economy, Nigeria, is not on board with the plan, which weakens its credibility. The economic forecast for Nigeria is promising, with Lagos poised to become the world's largest city. However, a large proportion of its population lives in extreme poverty.