Africa’s share of global trade remains under 3% despite AfCFTA – Report

A new report by the Economic Commission for Africa (ECA) reveals Africa’s contribution to global trade remains at less than 3%.

This figure is primarily attributed to merchandise trade, suggesting that African nations still engage in more trade with countries outside the continent than with each other.

The report on assessment of progress on regional integration in Africa shows Africa’s regional integration agenda is progressing, albeit slowly.

Read more at Nairametrics.com

Leave a Reply

Your email address will not be published. Required fields are marked *