The Business Export Club 500 is a private sector initiative established by AfCFTA Policy Network, Africa Private Sector Summit, and partners, with a focus to leverage continental free trade and global trade. The Economic Development in Africa Report 2021 of UNCTAD identifies numerous opportunities for export growth in Africa that are expected to further increase through tariff reductions under the African Continental Free Trade Area and under current tariff conditions, untapped export potential in the region is $21.9 billion.