Digital Customs -The Key to Inclusive Trade and Economic Growth in Africa
The rapid shift toward digitization across industries has brought significant changes to global trade practices, and Customs operations are no exception. The World Customs Organization (WCO), during the WTO Public Forum 2024, underscored the critical role that digitization plays in Customs procedures, emphasizing how it enhances inclusivity, particularly for Micro, Small, and Medium-sized Enterprises (MSMEs). […]
Unlocking Africa’s Digital Trade Potential: Integrating Technological Innovations and AfCFTA Insights
Africa stands at the precipice of a digital revolution that could transform its economic landscape. As technology continues to reshape global trade, Africa’s economies have a unique opportunity to leverage digital trade to drive economic development and regional integration. However, significant infrastructural challenges—ranging from inadequate broadband connectivity to unreliable energy supply—persist. To unlock the continent’s […]
AfCFTA Challenges and Their Impact on African Market Integration.
Recent insights from FDI Intelligence highlight the challenges hindering the effective implementation of the African Continental Free Trade Area (AfCFTA) among African nations. These challenges, compounded by infrastructure deficits and limited access to finance, pose significant barriers to achieving a unified African market. As of May 30, 2024, the AfCFTA has been in force for […]
