Angola is set to become the 14th member of the Southern African Development Community (SADC) Free Trade Area (FTA), a major step toward deepening economic integration and enhancing trade across the region, the bloc said on Monday.
The decision follows extensive negotiations and unanimous approval from other SADC member states, underscoring the region’s commitment to reducing trade barriers and fostering economic resilience.
Stronger Trade Ties and Market Access
Angola’s accession will eliminate tariffs and non-tariff barriers on goods traded with fellow SADC members, improving market access and strengthening supply chains. Businesses, investors, and consumers across the region are expected to benefit from increased competition, lower costs, and expanded economic opportunities.
“With Angola’s inclusion, the SADC Free Trade Area takes a bold step forward, unlocking new avenues for industrial development, investment, and cross-border trade,” the 16-member regional bloc said in a statement. “This achievement underscores our collective vision for a more interconnected and economically vibrant Southern Africa.”
A Decade in the Making
The SADC FTA was launched in 2008 to promote economic cooperation and reduce trade restrictions. Angola, a major oil producer, initially remained outside the agreement but has gradually shifted its economic policies to diversify beyond oil and strengthen regional trade partnerships.
By joining the FTA, Angola is expected to boost trade flows with neighboring countries, attract foreign direct investment, and accelerate economic diversification efforts.
SADC leaders have hailed the move as a milestone in regional economic integration, with Angola’s formal entry expected to take effect in the coming months.