Notizie

New Time Release Studies (TRS) conducted in Zambia

Martedì 08 Novembre 2022 20:45

There are no translations available.

Two Time Release Studies (TRS) have been recently conducted at the Nakonde One Stop Border Post (OSBP) and the Mwami Border Post in Zambia to measure average clearing times of trucks at these borders. Launched on 3rd November 2022 with the support of the Common Market for Eastern and Southern Africa (COMESA) and the European Union, the studies were conducted by a Technical Working Group made up of Customs and other cross border regulatory agencies, truck drivers and small-scale traders at both border crossing points.

UNCTAD study on The Trans Saharan Road reveals that most efficient inter-State corridors are those developed within customs unions

Martedì 25 Ottobre 2022 21:29

There are no translations available.

The Trans Saharan Road (TSR) corridor is a strategic road for African integration and one of the nine main Trans-African Highways (TAH) corridors being developed by the United Nations Economic Commission for Africa (UNECA), the African Union (AU), the Islamic Development Bank (IsDB) and the African Development Bank (AfDB) with the support of other regional and international organisations and development institutions, such as the Arab Bank for Economic Development in Africa (BADEA) and UNCTAD.

WTO concludes trade policy review of Djibouti

Lunedì 24 Ottobre 2022 22:51

There are no translations available.

As it is known, the World Trade Organisation (WTO) responsibilities include the periodic surveillance of the trade policies adopted by its members, as well as the analysis of their impact on the functioning of the multilateral trading system. Between 12 and 14 October 2022, the third review of the trade policies and practices of Djibouti was concluded. The WTO report is now available on the website of the organization.

AfCFTA: which benefits for EU companies?

Martedì 18 Ottobre 2022 19:26

There are no translations available.

The EU has strongly contributed to the African Continental Free Trade Area (AfCFTA) implementation by offering support in many aspects: political, technical and financial. But it is said that nobody does anything for nothing. So, how European companies will benefit from this Agreement? A study from the Kiel Institute study tries to shed some light on this issue, arguing that the AfCFTA offers an opportunity to reverse the trend of a progressively declining trade between the EU and Africa. In fact, despite the fact that the EU still remains the top trading partner for most African countries, its share in total African exports and imports has decreased steadily over the last 20 years (from nearly 50% in 2000 to 35% in 2020), as African economies have increasingly redirected part of their trade toward Asian countries. But if the AfCFTA is a free trade arrangement that covers uniquely trade between African countries, how third countries can benefit from it by expanding their trade with Africa?

Second edition of PAFTRAC CEO Trade Survey shows areas where African SME need to build capacity in order to benefit from the AfCFTA

Venerdì 14 Ottobre 2022 09:51

There are no translations available.

PAFTRAC is a platform that brings together the African private sector and African policymakers to support extra and intra-African trade, investment and pan-African enterprises. The 2022 survey, now available online, follows a previous one, conducted in the end of 2021, which revealed that 71% of African companies were optimistic about the ability for the African Continental Free Trade Area (AfCFTA) to spur the continental trade, encouraging them to invest more to grow their business, even though almost two-thirds of respondents (62%) admitted a difficulty in accessing information about the AfCFTA.