The AfCFTA to Economic Sectors The AfCFTA is among the world’s largest free trade areas bringing together 55 African Union (AU) member states and eight Regional Economic Communities (RECs) to create a single market for the African continent. It intends
Hidden and Invisible Trade Barriers As is with the Regional Economic Communities (RECs) in Africa, intra-African trade under the African Continental Free Trade Area (AfCFTA) agreement is threatened by the existence of hidden or invisible Non-tariff barriers to trade (NTBs).
Many African countries, including Tanzania, have historically implemented protectionist policies to safeguard domestic industries from foreign competition and foster the growth of emerging industries. These protectionist measures can be driven by political or strategic considerations, aimed at ensuring national security
Innovation and Africa’s Single Market The African Continental Free Trade (AfCFTA) agreement is a historic opportunity for the continent to foster economic growth, enhance growth in intra-African trade, and improve the standards of living for millions of people. Projected to
The decision to prioritize coffee as Tanzania’s first export product under the African Continental Free Trade Area (AfCFTA) raises questions about whom Tanzania will sell its coffee to in the AfCFTA market. There are concerns about the effectiveness of this
Money and the Trade Liberalization Strategy Africa’s latest trade liberalization strategy, the African Continental Free Trade Area (AfCFTA) agreement brings together 55 countries of the African Union and 8 regional economic Communities and is to serve a combined
East Africa is a region with immense potential for export growth. The total export value of the EAC countries varies by country and product. According to OECD data for 2021, the total export value of the EAC countries in 2021
Not a member yet? Register now
Are you a member? Login now