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The Canada-Africa Trade Association  is a multilateral organization that aims to promote economic exchanges between Canada and the countries of the African continent.

The Association’s mission and strategic framework is to synergize Canadian and African businesses, schools and labor to create a safe, economical and inclusive business ecosystem to foster the emergence of dominant economic players on the world stage.

The mobilization within this ecosystem promotes the sharing of information as well as the challenges in order to improve the quality of economic exchanges in addition to creating a business partnership experience between the members of the association.

Political and economic context

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Sub-Saharan Africa has enormous human potential and business opportunities. As one of the fastest growing regions in the world, the International Monetary Fund shows that five of the twenty fastest growing economies are located in this region.

To establish a regulatory framework conducive to trade and investment, Canada is negotiating Foreign Investment Promotion and Protection Agreements (FIPAs) with a number of African countries, such as Benin, Burkina Faso, Cameroon, Côte d’Ivoire, Guinea, Mali, Madagascar, Senegal, Tanzania and Zambia.

Canada’s trade and investment objectives include:

  • The opening of new markets to increase opportunities for Canadian-African exports;
  • Business concentration in specific sectors;
  • Improved trade and investment.

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