5 Intra-Africa trade: Going beyond political commitments 7 Interview with Arancha González 8 Raw deal for African women traders 10 Africa’s trade under a changing climate Copy link. Widespread food insecurity remains a daunting challenge in Africa, despite significant gains in global efforts to eliminate hunger over the last three decades. 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 … Dan Keeler. Analysing Intra-African Trade: AFCFTA: Much Ado About Nothing? 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 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.. Increasing intra-African trade spells especially good news for Africa due to the nature of the goods typically traded within the continent. Intra-African exports were 16.6% of total exports in 2017, compared with 68% in Europe and 59% in Asia , pointing to untapped potential. 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. 17, October, 2010 ISSN 1994-9057 (Print) ISSN 2070-0083 (Online) Conflicts in Africa: Meaning, Causes, Impact and Solution (Pp.549-560) Aremu, Johnson Olaosebikan - Department of History and International Indeed Nigeria’s land borders remained closed to trade at the point of ratification - why would a continental free trade agreement be any different? Intra-Africa Academic Mobility Scheme -2-1. Pages: 552-571. The African Continental Free Trade Area’s (AfCFTA) entering into force is a laudable development, building on existing initiatives for regional integration and laying the groundwork for more. Indexed African Journals Online: www.ajol.info An International Multi-Disciplinary Journal, Ethiopia Vol. Only about 18% of Africa’s trade is with itself. Intra-industry trade is difficult to measure statistically because regarding products or industries as "the same" is partly a matter of definition and classification. Share. 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. 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. Its fractured internal market means that trade within Africa is lower than for any other region on the globe, with intra-African trade just 18 per cent of overall exports, as compared to 70 per cent in Europe. Published: December 2018. The Wall Street Journal. Africa’s GDP and its internal trade expanded fourfold over the past two decades, according to the report, which suggests that that intra-African trade is more resilient than exchanges with other regions of the world, largely because manufactured goods are less susceptible to price shocks which affect primary products that constitute over 50% of trade between the continent and other countries. The low level of intra-African trade represents a significant loss of opportunity. Figure 1: Shift in Africa’s merchandise exports by destination, 2000-2014. The African lion is in decline across its range, and consumptive utilisation and trade of their body parts and skins has been postulated as a cause for concern. 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. Abstract. 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