Tune-In :: Textile Universe News
24 October 2017
10/10/2010
Can Africa Trade with Africa? Yes, but…

Africa’s population of about one billion consumers is a powerful engine for growth, employment and intra-African trade, especially at a time when other markets are contracting in the wake of the global financial crisis.

So far, though, too many declarations have been made and too little action taken, a workshop bringing together senior African policy makers, private investors, trade and development experts, and African finance ministers concluded Friday, October 8, 1010.

Africa trades more with the rest of the world than it trades with itself. Intra-African trade accounts for hardly 10 percent of the region’s total trade, compared to rates of 40 percent for intra-North American trade and about 60 percent for trade among Western European countries.

More on http://bit.ly/i8JsIq


 

Comments

If you want to add a comment, please login!

© 2006 Tune - In All rights reserved Studiо ITTI
Web Based Solutions
USAIDThis site was made with the support of USAID's "Volunteers for Economic Growth Alliance" Project
Tune-In :: Textile Universe News