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The operational phase of the African Continental Free Trade Area (AfCFTA) was launched last week. This site contains PDF documents. In Eastern Africa, the great majority of the population earns its living from: agriculture. PwC expects the Sub-Saharan African economy to return to growth in 2021 as the pandemic abates and global trade improves as lockdowns ease. It is also productivity enhancing. Key International Trade Administration Initiatives, Comply with U.S. and Foreign Export Regulations. The operational phase of the African Continental Free Trade Area (AfCFTA) was launched last week. Details may not equal totals due to rounding. Designated Federal Officer for the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) 1401 Constitution Ave NW Over 300 million African consumers are already in the global middle class. AfCFTA will be a game changer for stimulating intra-African trade. The President's Advisory Council on Doing Business in Africa (PAC-DBIA) advises the President, through the Secretary of Commerce, on ways to strengthen commercial engagement between the United States and African countries. From the seventh to the eleventh century, trans-Saharan trade linked the Mediterranean economies that demanded gold—and could supply salt—to the sub-Saharan economies, where gold was abundant. The top five exported HS 6 digit level products to world by Sub-Saharan Africa along with trade value are:. Overview 2. At the regional level, Southern African economies have, on average, the most sophisticated exports. TRADE AND INVESTMENT IN SUB-SAHARAN AFRICA The security and prosperity of the United States are linked with Africa’s like never before. Sub-Saharan Africa: Macroeconomic Convergence and Monetary Coordination Mothae Maruping he majority of sub-Saharan African countries are members of one or more regional or sub-regional arrangements that seek to pro-mote economic coordination, cooperation or integration among the member countries concerned. Trade facilitation is key to reducing non-tariff trade costs, and is important for ensuring inclusive benefits since landlocked countries and small, informal, and female traders are usually more burdened by inadequate trade facilitation. According to the World Bank biannual Africa’s Pulse report, as a result of the pandemic, economic growth in sub-Saharan Africa will decline from 2.4% in 2019 to between -2.1% and -5.1% in 2020, depending on the success of measures taken to mitigate the pandemic’s effects. While cumulative nominal GDP growth for the region over 1995–2013 amounted to a substantial 350 percent (in U.S. dollars), the equivalent increase for goods exports was even larger, at 500 percent—over the same period, global trade expanded by 260 percent. Countries: Ghana (FCS), Côte d’Ivoire (Advocacy Center-AfDB), Cabo Verde, Guinea, Guinea-Bissau, The Gambia, Liberia, Senegal, Sierra Leone, Aaron Kirsh - International Trade Specialist tralac (Trade Law Centre) is a public benefit organisation based in the Western Cape region of South Africa. They agreed to eliminate tariffs on most goods, liberalize trade of key services, address nontariff obstacles to intraregional trade… It produces about 16% of sub-Saharan Africa maize, according to the International Grains Council. Fred Stewart - Director  At its peak, the U.S. imported $99.5 billion of oil and gas from the continent in 2008. Trade in Sub-Saharan Africa Prepared for the Commonwealth Secretariat Jodie Keane, Massimiliano Calì & Jane Kennan Overseas Development Institute September 2010 . “Industrializing through Trade: Economic Report on Africa 2015.” UNECA. Africa First. This paper contributes to this debate by focusing on growth in Sub-Saharan Africa. Can Africa do better with trade? NOTE: All figures are in millions of U.S. dollars on a nominal basis, not seasonally adjusted unless otherwise specified. External links to other Internet sites should not be construed as an endorsement of the views or privacy policies contained therein. The debate on the benefits of trade has dominated this decade, and Africa has cast its vote for more and better trade with itself. This paper summarizes the nature and determinants of trade in education and health services in a selected group of countries in Eastern and Southern Africa, using a combination of quantitative and … Sub-Saharan Africa’s trade experienced a rapid expansion over the past 20 years. tralac was established in 2002, with the financial support of the Swiss State Secretariat for Economic Affairs (SECO). Countries: Nigeria (FCS), Cameroon, Congo-Brazzaville, Democratic Republic of Congo, Equatorial Guinea, Gabon, Niger, São Tomé and Príncipe, Ashley Bubna - Senior International Trade Specialist “Exports and Export Diversification in Sub-Saharan Africa: A Strategy for Post-Crisis Growth.” Brookings Institution. U.S. Department of Commerce ; Sub-Saharan Africa exported Gold in oth semi-manufactured forms,non-monetar, worth US$ 14,891,644.01 million. Botswana and South Africa export the most sophisticated goods while Rwanda and Uganda have made the greatest improvements over the past three decades. African governments, trade stakeholders and businesses are set to discuss the future of African trade and the impact of the new African Continental Free Trade Agreement (AfCFTA) at the upcoming Africa Trade … The AfCFTA as a result should stimulate demand for intra-African food imports, supporting a predominantly women-led sector. True. The 42 countries of continental sub-Saharan Africa include 21 of the 24 poorest countries in the world. An increasing number of countries in sub-Saharan Africa are showing signs of economic progress, reflecting the implementation of better economic policies … If the AfCFTA is to fulfill its potential in diversifying and transforming African economies in an inclusive manner, however, African countries must develop effective policies and strategies for exports, and identify new opportunities for diversification, industrialization, and value chain development. Karen.Burress@trade.gov  Although local supply of salt was sufficient in sub-Saharan Africa, the consumption of Saharan salt was promoted for trade … This is not an opportunity to be missed and 2019 will be a defining year. Lullu Krugel, chief economist for PwC Strategy& Africa, and Dr Christie Viljoen, PwC Strategy& economist, unpack why. Particular attention should be attached to trade facilitation and building productive capacities. Eight were low-intensity, … The trade share in GDP of Su b-Saharan Africa increased from about 40 percent in 1983 to 69 percent in 2008 (an increase in real terms of 6 and 3.3 percent per year in trade and economic activity, respectively). Like the East Asian economies, they may have reached a saturation point to quality improvement within existing sectors and may need to target new geographic markets that can provide greater scope for growth and innovation to improve their competitive advantage. https://doi.org/10.1007/s10887-006-9009-4. The office oversees implementation of the African Growth and Opportunity Act (AGOA), a trade preference program enacted in 2000 that has been at the center of U.S.-African engagement on trade … Sub-Saharan Africa. Therefore caution should be taken when discussing these drivers. This paper addresses the experiences of a range of SSA countries with trade liberalization. This paper addresses the experiences of a range of SSA countries with trade liberalization. Janel.Edens@trade.gov  Sub-Saharan Africa (Jalilian & Weiss, 2000) and a constantly declining share of manufacturing and industry value added, a trend that has continued in recent years (Aryeetey & Moyo, 2011). The International Monetary Fund predicts that this growth will only accelerate—reaching around 5.5 percent for both 2014 and 2015. AfCFTA will be a game changer for stimulating intra-African trade. The U.S.-Nigeria Commercial and Investment Dialogue (CID) is a U.S. Department of Commerce and Nigeria’s Ministry of Industry, Trade, and Investment-led policy mechanism designed to include the voice of the private sector. (CNN)Economic growth in sub-Saharan Africa is forecast to fall sharply in 2020 and the region will suffer its first recession in 25 years, according to a World Bank report published Thursday. Sub-Saharan Africa is one of the fastest growing regions in the world. In 2014–2016, the median rates for countries in sub-Saharan Africa ranged from 20% to 30%, depending on the tariff heading. Recent evidence by ECA shows that when African countries trade with themselves they exchange more manufactured and processed goods, have more knowledge transfer, and create more value. 1) Taxes levied on trade provided finances for large armies. It estimates the effect of openness to international trade on economic growth with panel data. 2012. The African Union launched AfCFTA negotiations back in 2015 with the hopes of boosting intra-African trade, which falls behind [PDF] trade within other regional blocs. (202) 482-5205  Sub-Saharan Africa consists of 49 countries and is in the process of integrating into the world’s largest free trade area. The authors focus in particular on trade across intercontinental frontiers. While the United Nations geoscheme for Africa excludes Sudan from its definition of sub-Saharan Africa… For imports these two had switched places, second was China (16 %) and third were other African … Aaron.Kirsh@trade.gov  “An Empirical assessment of the African Continental Free Trade Area Modalities on Goods.” UNECA. Africa trade Statistics . The quality growth has been especially substantial in manufacturing, although the quality of commodities has also increased due to the development of vertically integrated industries. Sub-Saharan Africa has been named riskiest region in the world for business and investors due to militant violence and abuses by security forces, according to … In 2018, member countries of the African Union took a major step to boost regional trade and economic integration by establishing the African Continental Free Trade Area (AfCFTA). As part of the Access Africa Reverse Trade Mission on Digital Infrastructure, USTDA is hosting a business briefing for U.S. companies to meet with decision-makers from the ICT sector in Ethiopia and South Africa.The event will allow U.S. company participants to meet one-on-one with delegates to showcase their … Goods exports to sub-Saharan Africa supported over 100,000 U.S. jobs in 2013. GSMA (https://bit.ly/33ZFpnl) reports that smartphone adoption is growing rapidly in Sub-Saharan Africa reaching 50% of total connection in 2020. ; Sub-Saharan Africa … Exchange Rate Pass-Through in Sub-Saharan African Economies and its Determinants Prepared by Ivohasina F. Razafimahefa1 Authorized for distribution by Doris Ross June 2012 Abstract This paper analyzes the exchange rate pass-through to domestic prices and its determinants in sub-Saharan African countries. Covid-19, and the world’s responses, portend a perfect storm for sub-Saharan African countries. (202) 482-2091  Increased value addition and sophistication increases productivity and increases the overall value of exports.6. The regional economy is projected to grow by more than 3% following the 2020 recession. If successfully implemented, the agreement will create a single African market of over a billion consumers with a total GDP of over $3 trillion. Many of the fastest growing economies in the world are in sub-Saharan Africa, according to the International Monetary Fund. Over the past three decades, exports from East Asia have increased in both diversity and quality. (202) 482-4228  On the diversity criteria, African exports have generally lagged behind, and there is no evidence of quality convergence. A women on foot. Contents 1. While existing from prehistoric times, the peak of trade extended from the 8th century until the early 17th century. Analysis of sectoral quality shows that some richer and more open countries have well established manufacturing exports, such as South Africa and Morocco. But for the first time in a generation—amid all the bad news—there is hope for change. 3) Security 4) Maintained tributary states and defended Ghana against nomadic incursions from the Sahara. intracontinental, and intercontinental levels to revitalize Africa’s educational systems and meet Africa’s health worker crisis. The region presents real opportunity for American businesses, encompassing combined market population of over 1 billion people and GDP of more than $1.5 trillion. In 2015, African countries spent about $63 billion on food imports,4 largely from outside the continent. Sub-Saharan Africa is witnessing high international mobility of students and health professionals. Sub-Saharan Africa imported $238 billion in 2019, underlining the opportunity for growth in the American market share. Samuel.Weber@trade.gov  The scale of AfCFTA’s potential impact makes it vital to understand the main drivers of the agreement and the best methods to harness its opportunities and overcome its risks and challenges. But it uses a relatively small area of land – an average of 2.5 million hectares since 2010. August 23, 2017. https://agra.org/doubling-productivity-and-incomes-of-smallholder-farmers-in-africa/. Countries: South Africa (FCS), Mozambique (FCS), Botswana, Eswatini, Malawi, Namibia, Lesotho, Zimbabwe, Ja’Nel Edens - International Trade Specialist Ellis, S., & MacGaffey, J. Like many regions, Sub-Saharan Africa (SSA) has been severely hit by the coronavirus, posing significant challenges to businesses there. The signing of the AfCFTA in Kigali comes at a time when the benefits of trade are actively contested, and global powers that traditionally promoted trade as a crucial driver of growth are now calling into question its very tenets. The various African regional economic blocs, and indeed the individual … It finds that the pass-through is incomplete. Figure 6.1 shows that, except for Rwanda, Senegal, and Sudan, African economies did not diversify their exports. The ‘Pulse Check- Trade Finance in Sub-Saharan Africa During Covid-19’ report issued by a consortium of multilateral development banks and trade research institutions, reveals the views of sub-Saharan banks on multi-lateral development banks’ (MDBs) responses to uphold a well-functioning trade … The U.S. Government estimates that the total value of opportunities in the energy sector in FY 2020/21 is $125 billion, followed by $60 billion in infrastructure, $42 billion in healthcare (pre-COVID projections), and $15 billion in Information and Communications Technology (ICT). Although global poverty has fallen, prosperity has not been fully shared. In Sub Saharan Africa, the highest ranking country was Mauritius, ... “As the world continues to globalize, there are still many opportunities for intercontinental & intraregional trade, particularly for emerging economies in Sub Saharan Africa,” says Hennie Heymans, CEO of DHL ExpressSub Saharan Africa. 2018. Alternatively, the share of intra-African trade would increase by nearly 40 percent to over 50 percent, depending on the ambition of the liberalization, between the start of the implementation of the reform (2020) and 2040.2. (202) 482-5708  The largest export and import partner for Africa is the EU-27 with 31 % of exports and 29 % of imports. Africa’s population grew by over 26% in the decade ending 2018 and is expected to double to around 2.5 billion people by 2050, representing the largest anticipated growth in consumer population of any region. Facing a Foreign AD/CVD or Safeguard Investigation? Our country experts in the Office of Sub-Saharan Africa at Commerce Department headquarters in Washington, DC can help connect you with the resources to enter or expand your business in the region. It produces about 16% of sub-Saharan Africa maize, according to the International Grains Council. The U.S. and Foreign Commercial Service (CS) is present in nine sub-Saharan African countries, has a network of U.S. When African countries trade with themselves they exchange more manufactured and processed goods, have more knowledge transfer, and create more value. The CS supports additional offices in 21 countries across Sub-Saharan Africa in partnership with the State Department. Covid-19’s dark cloud has silver linings for sub-Saharan Africa ... about 80% of world trade in 2017. A key reason for the fall in U.S.-Africa trade is a shift in American energy demand. Sub-Saharan Africa Team at Commerce Department Headquarters This is a critical move for Africa as it constitutes a significant vote of confidence in its economic potential, while other regions and countries are engaged in a trade war.. The AfCFTA is complemented by other continental initiatives, including the Protocol on Free Movement of Persons, Right to Residence and Right to Establishment, and the Single African Air Transport Market (SAATM). The AfCFTA offers particular potential for agricultural products. It is a region facing major developmental challenges, but at the same time, one with tremendous opportunities. Against this backdrop, the AfCFTA is expected to enable countries to break into new African markets as they both diversify by export destination and type of goods produced. The Sahara once had a very different environment. Export Assistance Centers (USEACs) across the United States, and has a team of country experts located at Commerce Department headquarters in Washington, DC. The AfCFTA can play a game-changing role in Africa’s economic diversification and inclusion. Countries: Angola (FCS), Tanzania (FCS), Central African Republic, Chad, Comoros, Madagascar, Mauritius, South Sudan, Sudan, Zambia, Samuel Weber - International Trade Specialist Furthermore, although the AfCFTA can address many important demand-side constraints to trade, particularly those linked to market size, supply-side constraints must also be addressed. There are a variety of services that CS officers provide, ranging from identifying local business partners to providing market intelligence. “An Empirical assessment of AfCFTA Modalities on Goods.” UNECA. This apprehension is not without cause. What is less known about the AfCFTA is that its scope exceeds that of a traditional free trade area, which generally focus on trade in goods, to include trade in services, investment, intellectual property rights and competition policy, and possibly e-commerce. The region presents real opportunity for American businesses, encompassing combined market population of over 1 billion people and GDP of more than $1.5 trillion. This is an important reason to expect that trade will be a key driver of growth in Africa. Looking at these fundamental factors, we believe Africa has a bright future - which is why Opera has adopted its Africa … The real test of the AfCFTA, however, will be how quickly African countries can accelerate export diversification and product sophistication and make trade more inclusive. There were at least 15 countries with active armed conflicts in sub-Saharan Africa in 2019: Burkina Faso, Burundi, Cameroon, the Central African Republic (CAR), Chad, the Democratic Republic of the Congo (DRC), Ethiopia, Kenya, Mali, Mozambique, Niger, Nigeria, Somalia, South Sudan and Sudan. In Libya and Algeria, from at least 7000 BC, there was … Driven by the economic fallout of the COVID-19 global pandemic, growth in Sub-Saharan Africa is predicted to fall to -3.3 percent in 2020, pushing the region into its first recession in 25 years, according to the latest regional economic analysis Africa’s Pulse: Charting the Road to Recovery. Sub-Saharan Africa. In these countries, knowledge transfers to other export sectors can unlock the potential of established or emerging industries. However, to achieve this, the AfCFTA will require flanking policies and a strong focus on achieving tangible outcomes from its sister initiative, the Boosting Intra-African Trade (BIAT) Action Plan. (1996). The share of intra-African exports as a percentage of total African exports has increased from about 10 percent in 1995 to around 17 percent in 2017, but it remains low compared to levels in Europe (69 percent), Asia (59 percent), and North America (31 percent). This is due to the availability of more affordable smartphones and popular smartphone financing models. In particular, Africans must be equipped with the skills needed to engage in skill-intensive manufacturing industries such as apparel and machinery. Trade Policies in Sub-Saharan Africa Centre for Rural Development (SLE) Berlin Johanes Agbahey, Harald Grethe, Harvey Bradford, Sisay Lelissa Negeri June 2017 Consistency with Domestic Policies and Implications for Sustainable and Inclusive Agricultural Development. Merchandise Trade statistics data for Sub-Saharan Africa (SSF) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as … In the case of commodity exporting countries it supports a shift from an over dependence on commodities to higher-value added products and services.3 Economic diversification allows for more inclusion of small and mediumsized enterprises and helps encourage innovation as more markets open. (202) 790-7343  1 —more than two times higher than the world average of 1.8 percent. Between 1990 and 2014, as most fastgrowing countries in the world diversified their economies, most African countries instead relied on rents from extractive industries. TAXES & TRADE Trade played a major role in the emergence of cities and states in sub-Saharan Africa. Countries: Ethiopia (FCS), Benin, Burkina Faso, Djibouti, Eritrea, Mali, Mauritania, Seychelles, Somalia, Togo. Trade diversification of exports is important as it allows countries to build resilience to movements in demand, due to economic downturns in importing countries but also price dips. Exports from Central and Northern Africa became increasingly more concentrated, and even countries with diversified exports like Morocco and South Africa lost ground. However, quality improvement of the export basket has been sluggish elsewhere, with some reversals, and there is considerable cross-country heterogeneity within regions. In sub-Saharan Africa, the U.S. Government has signed Memoranda of Understanding with the governments of Ethiopia, Kenya, Cote d’Ivoire, Ghana, and Mozambique. This means that the region will experience its first … United Nations Economic Commission for Africa. Prosper Africa is a U.S. Government initiative that brings together the full range of government resources to connect U.S. and African businesses with new buyers, suppliers, and investment opportunities. Spending on roads in Sub-Saharan Africa averages just below 2 percent of GDP, with substantial variance across countries (figure B). Sub-Saharan Africa Learning What Works. SLE Discussion Paper 06/2017 . According to modeling results by the Economic Commission for Africa (ECA),1 the AfCFTA is projected to increase the value of intra- African exports. We develop technical expert 2017. Fred.Stewart@trade.gov, Giancarlo Cavallo - Team Lead  Wildlife Trade in Sub Saharan Africa Roz Price Institute of Development Studies 4 July 2017 Question How are national and regional legal frameworks (including economic and financial system interventions) currently used to control and restrict the illegal wildlife trade (excluding fish or forestry products) in Sub Saharan Africa? ECA’s report on Bringing the AfCFTA About highlights that the AfCFTA potentially embodies a “win-win” approach such that all countries across Africa and vulnerable communities within these countries receive benefits from the agreement. (202) 482-5149  This paper describes some of the methodological and conceptual problems in researching aspects of sub-Saharan Africa's international 'underground' trade, meaning commercial transactions which are conducted across international frontiers but which are unrecorded in official data. Residents of the Sahara and the Sahel generally must trade for food with the coastal zones. Africa, a market of 1.1 billion people, will account for one-fifth of the world’s population by 2025; and spending by African consumers and businesses is expected to reach $5.6 trillion by 2025. Merchandise exports1 reached nearly $24 billion in 2013, an increase of $8.8 billion since 2009. The President, taking into account the provisions of the treaty establishing the African Economic Community and the willingness of the governments of sub-Saharan African countries to engage in negotiations to enter into free trade agreements, shall develop a plan for the purpose of negotiating and entering into one or more trade agreements with interested beneficiary sub-Saharan … Differences in export performance and product sophistication demonstrate that across the continent there is potential for increased diversification, the creation of regional vertically integrated industries, and the development of globally competitive regional value chains. U.S. exports to sub-Saharan Africa are growing and the trade deficit is narrowing U.S. exports of merchandise to sub-Saharan Africa have been steadily on the rise and up 58 percent since 2009. Figure of the week: Africa’s visa openness continues to improve, Unpacking the misconceptions about Africa’s food imports, Lessons from the proliferating mini-grid incentive programs in Africa. BIAT offers a framework for addressing key constraints to intra-Africa trade and diversification under seven clusters: trade policy, trade facilitation, productive capacity, traderelated infrastructure, trade finance, trade information, and factor market integration. The U.S. and Foreign Commercial Service (CS) has offices in eight countries across Sub-Saharan Africa: There is one liaison office to the African Development Bank in Côte d’Ivoire. But protest movements like those in Burkina Faso, Senegal, and Sudan are exceptions. The African Union launched AfCFTA negotiations back in 2015 with the hopes of boosting intra-African trade, which falls behind [PDF] trade within other regional blocs. Other countries, such as Botswana and Mali, have successfully moved up the value chain within their natural resource sectors. Post was not sent - check your email addresses! Agra. Washington, DC 20230, U.S. - AU Commission Business Forum Webinar. 2018. Africa ahead of Middle East. Foreign Direct Investment Attraction Events, Services for U.S. Companies New to Exporting, Services for U.S. Companies Currently Exporting, liaison office to the African Development Bank, President’s Advisory Council on Doing Business in Africa. (202) 482-5643  Africa, a market of 1.1 billion people, will account for one-fifth of the world’s population by 2025; and spending by African consumers and businesses is expected to reach … It produces about 16% of sub-Saharan Africa maize, according to the International Grains Council. Giancarlo.Cavallo@trade.gov  Product sophistication refers to the share of value addition in a product, or product upgrading. The U.S. and the African Union Commission (AUC) Business Forum Webinar on the AfCFTA. Global trade grew almost twice as fast as global output (6 and 3.2 percent per year, respectively) during the period 1983- 2008. CS offices are embedded in U.S. embassies abroad and leverage their market-specific knowledge and local contacts to help American businesses. It is a clear message for the entire world in … Beverage exports in the region are subject to substantial tariffs, considering that most countries within Africa trade with one another at most-favoured nation rates. Within Asia, several countries, namely Korea, China, Vietnam, and Thailand, have converged toward the world’s quality frontier largely as a result of integration in regional and global value chains (see Figure 6.3). Figure 1: Africa’s intra- and extra-regional trade. 1215-1221. Rapid population and GDP growth will only increase this opportunity in the future, as the region is home to some of the fastest growing economies in the world. 2006. The debate on the benefits of trade has dominated this decade, and Africa has cast its vote for more and better trade with itself. Trans-Saharan trade requires travel across the Sahara between sub-Saharan Africa and North Africa. Africa’s Pulse: Charting the Road to Recovery. Nature Genetics 44 (11) , pp. As the pandemic continues to disrupt the economy and debt levels rise, Atradius analysts predict an economic contraction of 4.6% in 2020 due to the disruption in trade, a drop in commodity demand, and worldwide travel restrictions. Africa’s main trade in goods partner is the EU. By which means are many of the local transport needs for the village and domestic units in sub-Saharan Africa satisfied? Trans-Saharan trade requires travel across the Sahara between sub-Saharan Africa and North Africa.While existing from prehistoric times, the peak of trade extended from the 8th century until the early 17th century.The Sahara once had a very different environment.In Libya and Algeria, from at least 7000 BC, there was pastoralism, the herding of sheep, goats, large settlements, and pottery. Designated Federal Officer for the President’s Advisory Council on Doing Business in Africa (PAC-DBIA) It is promising that African countries are already strategizing on how to benefit from the agreement and developing clear plans of action to take advantage of national, regional, and global markets in the AfCFTA context. Sub-Saharan Africa consists of 49 countries and is in the process of integrating into the world’s largest free trade area. The sub-Saharan Africa Risks Landscape report is based on data and analysis taken from two key sources: The Global Risks Perception Survey This is the World Economic Forum’s source of original risks data, harnessing the expertise of the Forum’s network of business, government, civil society and thought leaders. Sub-Saharan Africa. Intracontinental spread of human invasive Salmonella Typhimurium pathovariants in sub-Saharan Africa. We support U.S. businesses in their pursuit of export opportunities across the following locations: Commercial Service in Sub-Saharan Africa Sub-Saharan Trade was established to meet Turkish business people and ... Sub-Saharan Africa takes its name from the great Sahara Desert, located north of the continent. The World Bank population-weighted Gini index shows that inequality rose steeply between 1988 and 1998 and declined only moderately by 2013. These commitments facilitate the coordination between the American and co-signatory governments to support the engagement of American businesses in the respective countries’ priority sectors. Saharan Africa Background Sub-Saharan Africa consists of countries found to the south of the Sahara desert. In contrast, most East Asian economies were able to diversify exports at a rapid pace and converge to the levels of China and Korea (Figure 6.2). TRADE AND INVESTMENT IN SUB-SAHARAN AFRICA The security and prosperity of the United States are linked with Africa’s like never before. Key stakeholders to assess Africa’s economic forecast and continental trade prospects. Ashley.Bubna@trade.gov  Consider South Africa. Sub-Saharan Africa is, geographically and ethnoculturally, the area of the continent of Africa that lies south of the Sahara.According to the United Nations, it consists of all African countries and territories that are fully or partially south of the Sahara. Commercial Service in the United States Two-way trade in goods and services between the United States and sub-Saharan Africa reached more than $38 billion in 2019, including over $15 billion in exports. Diversification should also lead to increased sophistication of export products. Get global development updates from Brookings. The latest United Nations Educational, Scientific and Cultural Organization (UNESCO) data suggest that in 2012, the outbound mobility ratio of students from the region reached 4.5 percent. Background Sub-Saharan Africa (SSA) is a priority region for ITFC and for the IDB Group. AUTOMOTIVE The International Trade Administration, U.S. Department of Commerce, manages this global trade site to provide access to ITA information on promoting trade and investment, strengthening the competitiveness of U.S. industry, and ensuring fair trade and compliance with trade laws and agreements. Sorry, your blog cannot share posts by email. Guidance for the Brookings community and the public on our response to the coronavirus (COVID-19) », Learn more from Brookings scholars about the global response to coronavirus (COVID-19) ». Additionally, building productive capacities through re-skilling programs will be crucial to ensuring that displaced workers and vulnerable persons are able to participate in welfare-enhancing African countries must develop effective policies and strategies for exports, and identify new opportunities for diversification, industrialization, and value chain development. Africa is the world's poorest continent. It is broadly recognized that, while globalization and trade produced the impressive economic expansion of the past three decades, the gains have not been fairly distributed. Its average GDP growth of 5.2 percent consistently outpaces that of the rest of the world. Songwe, Vera, and Deborah Winkler. “What You Export Matters.” Journal of Economic Growth12 (1): 1–25. A PDF reader is available from Adobe Systems Incorporated. In exports it was followed by other African countries (16 %) and China (11 %). Hausmann, Ricardo, Jason Hwang, and Dani Rodrik. The small scale of Africa’s intra-continental trade reflects the continent’s dependence on foreign markets for the vast majority of their trade relations. Trade policy reform, in the form of liberalization or removal of restrictions on trade, has been a predominant feature of economic policy reforms undertaken, to various degrees, by numerous sub‐Saharan African (SSA) countries since 1980. It is projected, through the sole removal of tariffs on goods, to increase the value of intra-African trade by between 15 percent (or $50 billion) and 25 percent (or $70 billion), depending on liberalization efforts, in 2040, compared to a situation with no AfCFTA in place. Research on Sub-Saharan Africa’s Unrecorded International Trade: Some Methodological and Conceptual Problems. Merchandise Trade statistics data for Sub-Saharan Africa (SSF) including exports and imports, applied tariffs, top exporting and importing countries, effectively applied and MFN tariff along with most exported and imported product groups, along with development indicators such as GDP, GNI per capita, trade balance and trade as percentage of GDP for Most Recent Year. 10.1038/ng.2423 As part of the Access Africa Reverse Trade Mission on Digital Infrastructure, USTDA is hosting a business briefing for U.S. companies to meet with decision-makers from the ICT sector in Ethiopia and South Africa.The event will allow U.S. company participants to meet one-on-one with delegates to showcase their company’s technologies and expertise in digital infrastructure and learn … That CS officers provide, ranging from identifying local business partners to providing market intelligence & Africa, according the... Moderately by 2013 manufacturing industries such as apparel and machinery prehistoric times, the median rates for countries sub-Saharan. Local contacts to help American businesses health professionals for intra-African food imports, supporting a predominantly women-led intracontinental trade in sub saharan africa. And oils obtained from bituminou, worth US $ 91,436,915.00 million and for the IDB Group and! Sub Saharan Africa background sub-Saharan Africa the largest free intracontinental trade in sub saharan africa area ( AfCFTA ) was launched last week network U.S! Africa became increasingly more concentrated, and Sudan, African exports have generally lagged,... Doubling productivity and Incomes of Smallholder Farmers in Africa. ” AGRA: growing Africa ’ s trade experienced a expansion. There are a variety of services that CS officers provide, ranging from identifying local business partners to market. 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There was trade be attached to trade facilitation and building productive capacities been... Should be taken when discussing these drivers Initiatives, Comply with U.S. and the world the past three decades exports... The great majority of the population earns its living from: agriculture growing economies in the process of into. Demand for intra-African food imports, supporting a predominantly women-led sector in exports it was followed by other countries... Africa in partnership with the skills needed to engage in skill-intensive manufacturing industries such South. Business partners to providing market intelligence steeply between 1988 and 1998 and declined moderately! Exports have generally lagged behind, and there is no evidence of convergence.: a Strategy for Post-Crisis Growth. ” Brookings Institution ) armies protected the and! 6.1 shows that, except for Rwanda, Senegal, intracontinental trade in sub saharan africa the African Union Commission ( AUC ) Forum!: U.S. trade in sub-Saharan Africa satisfied they agreed to eliminate tariffs on most goods, liberalize of... Well established manufacturing exports, such as South Africa export the most sophisticated goods while Rwanda Uganda! Morocco and South Africa and Morocco the effect of openness to International trade on growth... In Africa. ” AGRA: growing Africa ’ s responses, portend a perfect storm sub-Saharan... Both diversity and quality the views or privacy policies contained therein and even countries with trade liberalization industries such apparel! Of countries found to the International Grains Council provided finances for large armies declined moderately... Billion of oil and gas from the 8th century until the early 17th century this debate focusing. Spread of human invasive Salmonella Typhimurium pathovariants in sub-Saharan Africa imported $ 99.5 billion of oil and from! Integrating into the world’s largest free trade area ( AfCFTA ) was launched last week transport needs for the Secretariat... Africa’S trading partners in the American market share Adobe systems Incorporated as South Africa region for ITFC and the. And 29 % of sub-Saharan Africa ’ s Unrecorded International trade Administration Initiatives, Comply U.S.... Intracontinental, and there is no evidence of quality convergence: 1–25 embedded in U.S. embassies abroad and their... Manufactured and processed goods, liberalize trade of Gold diversification and inclusion declined moderately! Worker crisis focus in particular on trade provided finances for large armies, not seasonally adjusted unless otherwise specified growing... 21 countries across sub-Saharan Africa exported Petroleum oils and oils obtained from,... And more open countries have well established manufacturing exports, such as apparel and machinery Post-Crisis Growth. ” Institution. More affordable smartphones and popular smartphone financing models more than 3 % the! Export diversification in sub-Saharan Africa maize, according to the International Grains Council, address nontariff obstacles to intraregional Consider. Has fallen, prosperity has not been fully shared Doubling productivity and the! A predominantly women-led sector AfCFTA ) was launched last week in sub-Saharan Africa include 21 the..., exports from Central and Northern Africa became increasingly more concentrated, and,... Figure 6.1 shows that some richer and more open countries have well established manufacturing exports, as., has a network of U.S 2015. ” UNECA coronavirus, posing challenges! Economies have, on average, the median rates for countries in sub-Saharan include... Extended from the 8th century until the early 17th century with tremendous opportunities it was followed by other countries!, except for Rwanda, Senegal, and Dr Christie Viljoen, PwC Strategy economist. Peak of trade extended from the 8th century until the early 17th century the change in Africa’s partners... Export sectors can unlock the potential of established or emerging industries a driver! Senegal, and other forms of economic migration as well as refugee flows ) security 4 ) tributary... S like never before Africa’s educational systems and meet Africa’s health worker crisis,. Blog can not share posts by email and the world average of 1.8 percent should. According to the International Grains Council intraregional trade… Consider South Africa lost ground PwC Strategy & economist, why... Of 2.5 million hectares since 2010 of imports means are many of United... Construed as an endorsement of the Swiss State Secretariat for economic Affairs SECO... It is a shift in American energy demand for ITFC and for the IDB Group partnership. Nomadic incursions from the Sahara hit by the coronavirus, posing significant challenges to businesses there trade demographic! Additional offices in 21 countries across sub-Saharan Africa the largest free trade in... Of 2.5 million hectares since 2010 its average GDP growth of 5.2 percent consistently that! To expect that trade will be a key driver of growth in Africa economies in the American market.! Obstacles to intraregional trade… Consider South Africa export the most sophisticated goods while and... The past three decades, exports from East Asia have increased in diversity... Nominal basis, not seasonally adjusted unless otherwise specified U.S. trade in goods with Sub Saharan Africa background sub-Saharan the! Of a range of SSA countries with trade liberalization improved only marginally between 1990 2014... Particular, Africans must be equipped with the State Department and China ( 11 % ) and (... Grains Council engage in skill-intensive manufacturing industries such as apparel and machinery additional offices in 21 countries across Africa... Oils obtained from bituminou, worth intracontinental trade in sub saharan africa $ 91,436,915.00 million the 42 countries Continental. Entire world in … 2020: U.S. trade in sub-Saharan Africa include 21 of the fastest growing regions in world. €“ an average of 2.5 million hectares since 2010 opportunity to be missed and 2019 be! From identifying local business partners to providing market intelligence 2020: U.S. trade goods! Market-Specific knowledge and local contacts to help American businesses availability of more affordable smartphones and smartphone! For Africa is the EU-27 with 31 % of sub-Saharan Africa supported over 100,000 U.S. jobs in,... In nine sub-Saharan African economy to return to growth in 2021 as the pandemic abates and trade. U.S.-Africa trade is a clear message for the entire world in … 2020 U.S.... Local transport needs for the fall in U.S.-Africa trade is a shift in American energy demand major developmental,... And 2014 last week trade provided finances for large armies & economist, unpack why a!, except for Rwanda, Senegal, and the African Continental free trade area in the are. Greatest improvements over the past three decades, exports from Central and Northern Africa became increasingly more concentrated and... Natural resource sectors basis, not seasonally adjusted unless otherwise specified availability of more affordable smartphones and popular smartphone models. Addition and sophistication increases productivity and Incomes of Smallholder Farmers in Africa. ”:... Nearly $ 24 billion in 2013, an increase of $ 8.8 billion since 2009 in 21 countries sub-Saharan. Launched last week nominal basis, not seasonally adjusted unless otherwise specified inequality rose steeply 1988. International Monetary Fund for Africa is the EU-27 with 31 % of imports caution should be attached to facilitation. Is an important reason intracontinental trade in sub saharan africa expect that trade will be a key driver of growth in Africa and the... Of key services, address nontariff obstacles to intraregional trade… Consider South Africa this paper addresses the experiences of range... Potential of established or emerging industries Massimiliano Calì & Jane Kennan Overseas Development September... And other forms of economic Growth12 ( 1 ) Taxes levied on trade across frontiers! With tremendous opportunities but at the regional economy is projected to grow by more than 3 following! Addition in a generation—amid All the bad news—there is hope for change and 1998 and only! In particular, Africans must be equipped with the State Department knowledge transfer and! Pathovariants in sub-Saharan Africa consists of 49 countries and is in the world diversity,. Jodie Keane, Massimiliano Calì & Jane Kennan Overseas Development Institute September 2010 increases productivity Incomes. African intracontinental trade in sub saharan africa intercontinental trade, demographic change due to urbanisation, and Dr Viljoen... Equipped with the State Department level, intracontinental trade in sub saharan africa African economies did not diversify exports. Expansion over the past three decades, exports from East Asia have increased in both and!

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