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5 Intra-Africa trade: Going beyond political commitments 7 Interview with Arancha Gonzlez 8 Raw deal for African women traders 10 Africas trade under a changing climate Intra-EU trade and the re-export of ivory for commercial purposes are only permitted under the following . Share this article: represent a third of the total trade flow in Africa. Using panel data covering 2012 to 2016 for 20 African economies, ACI was regressed on a 7-variable model, including intra-regional imports and exports, inflation rate, nominal exchange rate, gross capital formation, and the growth rate of GDP. Africa has less than a three per cent share of global trade, and the growing trend towards protectionism across the global economy may only increase the vulnerability of a disunited Africa. Widespread food insecurity remains a daunting challenge in Africa, despite significant gains in global efforts to eliminate hunger over the last three decades. Intra-Africa Trade is Key to Continents Economic Development. For a very simple example, it could be argued that although a BMW and a Ford are both motor cars, and although a Budweiser and a Heineken are both beers, they are really all different products. close. Published: December 2018. African Competitiveness Index (ACI) ranking puts the East Africa Region on top, and South Africa as the most competitive African economy. This paper provides context for understanding why trade facilitation and lowering trade costs matter to Africa both today and over the long term. The aim of this paper is (i) to assess the impact of regional agreements on members trade in Sub-Saharan Africa (intra-regional trade as well as trade with the rest of the world), controlling for the other traditional determinants and (ii) to compare the respective effect of the preferential trade agreements and the currency unions. African Journal of International and Comparative Law / List of Issues / Volume 23, Issue 1 / The Last Frontier: Sanitary and Phytosanitary Standards and Technical Regulations as Non-Tariff Barriers in Intra-African Trade The Wall Street Journal. raise intra-African trade by 15 to 25 percent, or $50 billion to $70 billion, by 2040, compared to an Africa without the AfCFTA. All articles in the Journal of African Trade are published under the CC BY-NC 4.0 license, meaning that end users can freely share an article (i.e. By Mary-Ann Russon Business reporter, BBC News. Downloadable! 9 November. Intra-African trade? The African Development Bank invites you to a virtual panel discussion themed Intra-Africa Trade in the Age of COVID-19 Issues, Challenges and Way Forward as part of the wider Cultivate Africa dialogue.. Home All Journals The International Trade Journal List of Issues Volume 34, Issue 6 Growth Spillovers to Sub-Saharan Africa: The Role of Trade. Indexed African Journals Online: www.ajol.info An International Multi-Disciplinary Journal, Ethiopia Vol. Read the latest issue and learn how to publish your work in The International Trade Journal. remix, transform and build upon the material) on the condition that proper attribution is given (i.e. David Hundeyin Dec 11, 2020. This paper examines the effects of easing trade across borders through reductions in documents, time, and costs to export and import on food security outcomes in Africa. The implementation of the African Continental Free Trade Area (AfCFTA) will significantly boost intra-African trade within the next 10 years. Consider Africa, which has been working hard lately to deepen intra-continental trade and integration. In March 2018, most African heads of state gathered in Kigali to sign the African Continental Free Trade Agreement (AfCFTA), marking the culmination of intense negotiations. The most clearly stated objective of this quest for integration is to expand intraregional trade, as it is believed that the harmonization of regulations and poli The low level of intra-African trade represents a significant loss of opportunity. Indeed Nigerias land borders remained closed to trade at the point of ratification - why would a continental free trade agreement be any different? The Brookings Institution notes that when African nations trade with each other, theyre much more likely to trade in higher-value manufactured goods, whereas the exports leaving the continent are typically in commodities. The Secretary-General of the AfCFTA, Wamkele Mene, who disclosed this in an interaction with the media on Friday prior to a meeting of African Union (AU) Ambassadors and High Commissioners in Ghana, said AfCFTA is Intra-African exports were 16.6% of total exports in 2017, compared with 68% in Europe and 59% in Asia , pointing to untapped potential. 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