Intra-African Trade: A Path to Economic Diversification and Inclusion
Can Africa do better with trade? The share of intra-African exports as a percentage of total African exports has increased from about 10 percent in 1995 to around 17 percent in 2017, but it remains low compared to levels in Europe (69%), Asia (59 %), and North America (31%). This is an important reason to expect that trade will be a key driver of growth in Africa. According to modelling results by the Economic Commission for Africa (ECA), the AfCFTA is projected to increase the value of intra- African exports. AfCFTA will be a game changer for stimulating intra-African trade.
Key discussion points:
What are the opportunities for Africa’s collaboration with other trading blocs for business development and growth?
What ‘best practice frameworks’ can the other trading blocs share with Africa to ensure AfCFTA’s success?
What are the key considerations that investors need to see from AfCFTA to ensure business continuation and investor success?