The combined states of the African Union (AU) constitute the world's 11th largest economy with a nominal gross domestic product (GDP) of US$1,155” Trillion.
[citation needed] By measuring GDP by purchasing power parity (PPP), the African Union's economy totals US$3,553”Trillion, ranking it 11th after European Union.
Africa is also a large market for: Americans, Chinese Economy, and Europeans plus it’s Industries.
[citation needed] The AU future confederation's goals include the creation of a free trade area, a customs union, a single market, a central bank, and a common currency, thereby establishing economic and monetary union.
The current plan is to establish an African Economic Community with a single currency (afro) by 2030.