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The AfCFTA is open for business: what Rwandan companies should do now

Intra-African trade is forecast to reach about $230 billion in 2026. For Rwandan businesses, the question is no longer whether the market exists, but whether the company is ready to serve it.

28 April 2026 · 4 min read · NURBIX

Bunches of green bananas being loaded onto a truck at a market

The African Continental Free Trade Area is the largest free trade area in the world by number of participating countries, and it has long been described in terms of potential. In 2026 the language is shifting from potential to implementation. For Rwandan companies, the practical question is what to do about it this year.

$230 bn
forecast intra-African trade in 2026, up about 10% from $210 bn in 2025 (Afreximbank)
~16%
intra-African share of the continent's total trade
38
AfCFTA partners with which Rwanda has no other preferential trade arrangement

Where the numbers stand

Afreximbank's African Trade and Economic Outlook 2026, published on 30 March 2026, forecasts intra-African trade growing about 10% in 2026, from roughly $210 billion in 2025 to about $230 billion. That would lift the intra-African share of the continent's total trade to around 16% from a recent average of 15%. Manufacturing and agri-food products are expected to account for 48% to 50% of intra-African flows, up from 46% in 2025.

The bank is explicit that the 10% figure is an optimistic scenario. It assumes political stability, easing geopolitical tension and partial normalisation of supply chains. The IMF's April 2026 Regional Economic Outlook cut its 2026 sub-Saharan growth forecast to 4.3% from 4.6% in January, citing spillovers from the Middle East conflict and higher oil, gas, fertiliser and shipping costs, and describing risks as tilted to the downside. We read the Afreximbank number as a direction of travel, not a promise.

Intra-African trade, US$ billion (Afreximbank)
  • 2025$210 bn
  • 2026 forecast$230 bn

Afreximbank, African Trade and Economic Outlook 2026, as reported by Ecofin Agency, 11 April 2026. 2026 figure is an optimistic-scenario forecast.

The wider context is sobering and instructive. Africa's total trade was about $1.4 trillion last year, yet its share of global exports is roughly 3%, and commodities make up 60% to 70% of exports to outside the continent. Afreximbank estimates that African exports are about $433.8 billion below their potential and that agricultural processing alone could raise export earnings by 42.3%. The opportunity is in moving up the value chain, and doing so for neighbours first.

Rwanda's position

Rwanda signed the AfCFTA Agreement in Kigali on 21 March 2018 and ratified it that May. It completed the Guided Trade Initiative in April 2025, which allowed trade under AfCFTA rules to begin. Rwanda is already a member of the East African Community customs union and of COMESA, and AfCFTA concessions apply to trade not already covered by those preferences. Rwanda has no existing free trade agreement or customs union rules with 38 AfCFTA partner countries outside the EAC and COMESA, so for those markets the agreement opens new preferential access.

There are early proofs of concept. Rwanda's first AfCFTA Certificate of Origin was issued to Igire Coffee, for shipment to Ghana, and in October 2024 Rwanda's first consolidated value-added agricultural exports under reduced tariffs, coffee, tea, honey and avocados, went to Ghana. Rwanda has also gazetted services commitments in five priority sectors: financial, communications, tourism, transport and business services. The products with identified export potential include agro-processing, mineral processing, construction materials and light manufacturing.

The gap between the agreement and the shipment

A tariff schedule does not move goods. A company that wants to trade under AfCFTA rules must register as a legal entity with the Rwanda Development Board, register as an AfCFTA exporter with Rwanda Revenue Authority customs, and apply for a Certificate of Origin through the Rwanda Trade Portal with an original invoice or declaration of origin and a packing list. The authority then verifies that the goods are wholly obtained or substantially transformed in Rwanda. Goods must remain under customs control in transit, and processing outside AfCFTA state parties makes goods non-originating.

Notice what that process demands of the exporter. It requires traceable inputs, consistent production records, accurate documentation and the ability to prove where a product came from. These are operating disciplines. A company that cannot show how a batch was made, from what, and when, cannot easily claim origin.

A readiness checklist

  • Can we trace every product to its inputs, batches and dates?
  • Are our costs known per unit, including logistics and compliance?
  • Can we produce an invoice, packing list and declaration of origin within a day?
  • Is there a named owner for exports, with authority across production, finance and logistics?
  • Do we know which AfCFTA partner markets we have no existing preference in, and which of our products suit them?
  • Can our systems report order status to a buyer in another country without a phone call?

Systems as a trade enabler

Afreximbank expects the Pan-African Payment and Settlement System to cut foreign exchange costs by 20% to 30%, and highlights fewer non-tariff barriers and adoption of the AfCFTA digital trade protocol among the drivers. Each of these lowers friction at the border. None removes the need for a business to be able to operate reliably behind it.

That is where we see the practical work for Rwandan firms. Integrated operations, procure-to-pay controls, inventory accuracy and consistent quality management are not abstract improvements; they are what makes a firm credible to a buyer in Accra, Nairobi or Lagos. Firms that invest in them now will be the ones that convert tariff concessions into recurring orders.

Sources

  1. Ecofin Agency, "Intra-African trade set to grow 10% in 2026" (11 April 2026), reporting Afreximbank's African Trade and Economic Outlook 2026
  2. tralac, "Trading under the AfCFTA: a guide for Rwanda"
  3. Ecofin Agency, "IMF cuts sub-Saharan Africa growth forecast to 4.3% in 2026" (17 April 2026)

Figures are quoted as published by the sources above. Commentary and recommendations are NURBIX’s own judgement.

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