Africa Daily - Why isn’t there more trade between African countries?
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The African Continent Free Trade Agreement came into force this year with the aim of creating a borderless market for services, goods and commodities worth trillions of dollars for the region.
It’s a high ambition for the 54 nation bloc and the World Bank estimates that the new trade regime could unlock growth in income of up to four-hundred and fifty billion dollars.
It is expected to boost intra-African trade, generating millions of jobs for the continent’s youthful population.
But little trade currently goes on between African countries and Bogolo Kenewendo, a former minister for trade in Botswana, says it’s not just tariffs that have hindered the process. She says it’s also about such things as product standard associations which are closely linked to colonial systems. She says for a country like Botswana it makes it easier to accept standard approved products from countries like the United Kingdom than it is from Uganda.
The former minister says that this means that “instead of seeing each other as allies, we’ve seen competing sectors as just that, competing”.
In Africa Daily Alan Kasujja looks at why more trade isn’t being done between African countries and what needs to change.
Published on Monday, 19th April 2021.
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