The Free Market Foundation (Southern Africa) is an independent public benefit organisation founded in 1975 to promote and foster an open society, the rule of law, personal liberty, and economic and press freedom as fundamental components of its advocacy of human rights and democracy based on classical liberal principles. It is financed by membership subscriptions, donations and sponsorships.
For centuries, African people's economic and innovation potential was inhibited (and in many instances, denied outright), by policies and ideologies that placed the state (in different incarnations) above the individual. Justifications for the curtailment of economic freedoms have been plentiful; the results have been economic stagnation, widespread hunger, and endemic poverty. However, there might be substantive, transformative change on the horizon in the form of the Africa Continental Free Trade Area (AfCFTA)