Angola’s long-anticipated entry into the Southern African Development Community (SADC) Free Trade Area marks a crucial step in strengthening regional economic cooperation and unlocking new trade opportunities.

Following unanimous approval at a recent trade negotiating forum in Luanda, Angola is set to become the 14th member of the SADC Free Trade Area, reinforcing the bloc’s efforts to deepen economic integration. 

The move is expected to stimulate industrial development, enhance cross-border trade, and attract new investment across the region.

“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. This achievement underscores the region’s collective vision for a more interconnected, economically vibrant Southern Africa,” the statement  partly reads. 

SADC officials hailed Angola’s inclusion as a transformative development, emphasizing its potential to enhance economic resilience within the bloc. 

By eliminating trade barriers and reducing tariffs, Angola and other member states will benefit from expanded market access, ultimately driving economic growth and regional prosperity.

Experts say Angola’s accession could serve as a catalyst for broader economic reforms in the country, encouraging diversification beyond oil dependency. 

Additionally, neighboring SADC economies are expected to gain from improved trade flows, creating a more interconnected and competitive regional market.

To ensure smooth ratification and implementation of the agreement, SADC has scheduled additional meetings in May and June.