Going continental: Opportunities and challenges for free trade across Africa

Volume
3,
Number
9
-
28 October 2014
28 October 2014
“The Heads of State and Government (…) launched negotiations for the establishment of an integrated market of 26 countries with a combined population of nearly 600 million people and a total Gross Domestic Product (GDP) [of] approximately US$ 1 trillion”. With these words, the political...
28 October 2014
Regional integration has been a core element of African countries’ development strategies since their independence. The Africa-wide development agenda, as championed by the African Union (AU), is based on regional integration and the formation of an African Economic Community (AEC). This was laid...
28 October 2014
SADC, COMESA and EAC comprise 26 Southern and East African Countries currently negotiating a comprehensive tripartite FTA with new preferential origin rules. The SADC-COMESA-EAC Tripartite Free Trade Area (TFTA) was formally launched at a summit in Johannesburg, South Africa, in June 2011. This...
28 October 2014
Africa has the highest prevalence of chronic hunger, with around 25 percent of the population in sub-Saharan Africa unable to meet its dietary energy requirements and some 25 million people facing temporary lapses in their access to food, according to the 2013 joint report of the United Nations...
28 October 2014
Countries intervening to restrict their exports are not among the main causes of food insecurity of the poor in the developing world. Nevertheless, export restrictions have proved to significantly contribute to exacerbating negative effects on food security when an unexpected, rapid increase of...
28 October 2014
Africa’s share of global trade has increased steadily from 2.3 percent in 2001, equal to roughly US$277 billion, to 4.6 percent in 2011 weighing in at around US$1 trillion. This amounts to a doubling over 10 years. However, while the continent as a whole makes up 20 percent of the world’s land,...
28 October 2014
The EU and the East African Community (EAC) finalised their Economic Partnership Agreement (EPA) on October 16, 2014. According to a press release by the European Commission, negotiators from both regional blocs initialled the EPA deal, which “is now going to be presented for approval according to...
28 October 2014
US President Barack Obama and Indian Prime Minister Narendra Modi concluded their meeting in Washington on 30 September , directing their officials to “consult urgently” on the issues of the Trade Facilitation Agreement and public food stockholding. The two government leaders said that they...
28 October 2014
At the UN Climate Summit in New York on 23 September, the participants announced two initiatives for the use of and access to clean and renewable energy in Africa and small island developing states (SIDS). Moreover, the heads of state and representatives from business and civil society joined an...
28 October 2014
Seychelles’ WTO accession terms finalised The WTO members involved in negotiating the accession of Seychelles to the multilateral trade organisation came to an agreement on the membership terms for the Indian Ocean archipelago on 17 October. Seychelles’ accession package will now be forwarded to...