Trade & Development

Helping to create a single integrated market across Africa is in the west’s interests A lack of jobs and opportunity at home is driving the flow of migrants from the continent The writer is secretary-general of the African Continental Free Trade Area Misinformation may have sparked the UK’s anti-immigration riots, but anxieties over illegal immigration […]

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GIRSAL, USAID Ghana Trade and Investment Activity, VegPro Kenya, and other partners have initiated a pilot project to grow and export chili pepper using net house technology to meet the phytosanitary requirements of the EU market. This move is part of GIRSAL’s 5-year strategic plan to support export-related value chains such as vegetables, avocado, mango,

African countries’ trading relationships have been changing in recent years. Trade with their traditional trading partners, the European Union and the United States (their ‘old’ friends) is declining. Trade with ‘new’ friends, such as China and India, is growing. For South Africa in particular, the rest of Africa has become a very important export destination.

The global community faces immense challenges, from eradicating poverty and hunger to promoting economic growth and combating climate change. To address these pressing issues, the United Nations (UN) introduced the Sustainable Development Goals (SDGs) in 2015. Simultaneously, the African Union launched the African Continental Free Trade Area (AFCFTA) with the aim of fostering regional integration

The Fund for Export Development in Africa (FEDA), the development impact-focused subsidiary of African Export-Import Bank (Afreximbank), has announced the accession of the Gabonese Republic and the Republic of Sierra Leone to the Fund through their recent respective signing of the FEDA Establishment Agreement. FEDA described the accession by the two countries as a significant

The umbrella bodies of the African Continental Free Trade Area (AfCFTA) private sector have called for the removal of visas and reduction of custom processes to ease movement of goods within the African continent. The African Business Council (AfBC) that brings together regional economic communities (RECs) decried inconsistent and inadequate freight and logistics at the

Relying heavily on one market, such as Europe or America, can expose Ghanaian businesses to economic uncertainties and fluctuations in demand. By diversifying their export destinations to include other African countries, Ghanaian businesses can spread their risk, reduce vulnerability to fluctuations in the European or American markets, reduce dependence on a single market and create

The AfCFTA Secretariat and Afreximbank were mandated by the African Union (AU) Summit of Heads of State and Government and the AfCFTA Council of Ministers responsible for trade to establish the AfCFTA Adjustment Fund to support AfCFTA State Parties to adjust to the new liberalised and integrated trading environment established under the AfCFTA Agreement. The