Africa-Canada Trade Agreements: What You Need to Know

Africa-Canada trade is growing (+13% exports, +109% imports from 2019-2024). In 2025, the Africa Strategy strengthens ties through the AfCFTA and bilateral dialogues. LEXAFRIC breaks it down to optimize your operations.

1. General Framework No continental FTA, but 14 FIPAs (investment protection) and tax treaties. Canada-UA support for intra-African trade.
2. Key Agreements
   • FIPAs: Nigeria, South Africa, Egypt – ISDS arbitration.
   • Tax Treaties: Morocco, Algeria – 15% withholding on dividends.
   • 2025: G20 Summit in South Africa, Montreal Convention (July).
3. Implications
   • Advantages: Access to 1.3 billion consumers, EDC subsidies, risk reduction.
   • Sectors: Mining, agri-tech, renewable energy.
   • Challenges: Customs, AfCFTA adaptation.
4. Practical Advice
   1. Check the FIPA.
   2. Use trade commissioners.
   3. Structure via a holding company.
   4. Attend the 2025 Convention.

Conclusion: Move Forward with LEXAFRIC +20% growth possible. Free audit.