Page 1 of 1

Intra-Africa trade in need of more investment to move cargo

Posted: 10 Mar 2022, 05:57
by John Ashworth
Intra-Africa trade in need of more investment to move cargo
Lack of infrastructure is a bigger hurdle to trade within Africa than uncertain non-tariff barriers, eating up close to 40 percent of logistics expenses and affecting free movement of goods, officials have warned. Amani Abou-Zeid, the commissioner for Infrastructure and Energy at the African Union Commission, has urged countries to embrace transnational projects to facilitate the movement of cargo, noting that no meaningful development can take place without significant investment in infrastructure...