Africa Trade Foundation

🌍Breaking Down Barriers to Trade! The AfCFTA is focused on removing barriers to trade across the continent – helping drive exports and investment within, into and across Africa! ▶️ Learn more about the Protocol on Trade in Goods on our website 👉 https://bit.ly/4fg9664 Did you know that the AfCFTA Non-Tariff Barriers (NTB) Reporting App is your go-to tool for addressing trade obstacles across Africa? Non-tariff barriers (NTBs) refer to any measures, other than tariffs, that can act as a barrier to international trade between countries. These can include a range of measures such as government subsidies, customs procedures, and rules of origin, among others. With the NTB Reporting App, you can easily report these barriers and track the progress being made to address your complaint. 📱 Register now and start using the NTB App 👉 https://bit.ly/4fCgusb #AfCFTA #TradeinGoods #NonTariffBarriers #AfricaTrade

The IMF's latest #WorldEconomicOutlook highlights stable yet modest global growth, projected at 3.2% for 2024 and 2025: 📈Regional Growth Revisions: While the U.S. outlook is revised upward, Europe’s largest economies face downgrades. Emerging Asia shows resilience, with surging demand for semiconductors and AI-driven electronics, bolstered by significant investments in China and India. However, disruptions in commodity production, civil unrest, and extreme weather are dampening growth expectations for the Middle East, Central Asia, and sub-Saharan Africa. 📉 Persistent Inflation and Trade Dynamics: Global inflation is easing; however services price inflation remains high in many regions, signaling a need for precise sectoral and monetary strategies. Despite geopolitical tensions, trade volumes are stable, with a growing trend of intraregional trade. However, ongoing fragmentation risks straining global supply chains and reducing efficiency, underscoring the importance of multilateral cooperation. Check out the latest World Economic Outlook 👇 #GlobalEconomy #Trade #EconomicOutlook #FiscalPolicy #EmergingMarkets #IMF

📢 Exciting update on the European Union Deforestation Regulation (EUDR)!  🌍 In June 2023, the EU rolled out the European Union Deforestation Regulation, famously known as (EUDR) to boost the consumption of "deforestation-free" products and lessen its global deforestation footprint. This initiative is part of a broader policy strategy called the European Green Deal, launched in 2020, which aims for climate neutrality by 2050. While the provisions were initially set to be applied from December 30, 2024, there’s good news for large operators, traders, and SMEs! On October 16, 2024, the EU Council decided to extend the application timeline by a year. If approved by the European Parliament, the new deadlines will be: 🔹 December 30, 2025 (large operators and traders)  🔹 June 30, 2026, (micro and small enterprises) The EUDR focuses on seven key commodities: oil palm, soya, wood, cocoa, coffee, cattle, and rubber and by products of the target commodities. 🌿 Want to understand how trade impacts anti-deforestation efforts? Click the link to dive deeper! 🌍✨ #Sustainability #Deforestation #sustainabletrade #EUDR #Sustainability #EUDR #EuropeanGreenDeal  #SustainableProducts

Exciting developments for inclusive trade in Africa! 🌍 Did you know that one of the innovative features of the African Continental Free Trade Area (AfCFTA) is a groundbreaking initiative on empowering women and youth in trade? 🙌👩💼 The Protocol on Women and Youth in Trade makes the AfCFTA the first trade agreement with a binding legal framework to supporting women and youth traders. Despite their significant potential contribution, women and youth traders face several challenges. This Protocol aims to empower them to participate effectively in the market, promoting value addition and innovation for increased imports and exports, while supporting their inclusion in regional and continental value chains. Discover more about the Protocol here 👉 https://bit.ly/3NJ5pd9 To find out more about our work and initiatives, check out our website here 👉https://bit.ly/48MV8F1 #AfCFTA #InclusiveTrade #WomenInTrade #YouthEmpowerment 

Did you know that governance plays a major role in shaping trade across Sub-Saharan Africa? A stable political environment is key! The newly released 2024 Ibrahim Index of African Governance (IIAG) shows stagnation in Africa’s governance performance from 2014 to 2023. A decline in security and shrinking democracy has put significant progress at risk, but individual countries like Seychelles, Gambia, and Somalia are leading the way with remarkable improvements! 📈 Strong governance drives progress, creating better opportunities for human and economic development. #GovernanceMatters #TradeInAfrica. 🌱 #IIAG2024 #AfricanGovernance Find the report here 👇

🌍 Africa contributes just 4% of global greenhouse gas emissions, yet 16 of the 20 countries most vulnerable to climate change are on the continent. The AfCFTA Protocol on Investment offers a unique opportunity for Africa to lead in the green transition by promoting investments in green sectors, developing green investment standards, and fostering regional cooperation. 🌱 With the right policies, Africa can leverage its vast natural resources, such as critical minerals, to build sustainable value chains and attract global green investments. 💡 Learn more about the AfCFTA Investment Protocol on our website:  https://bit.ly/4bxUpsv Discover our Sustainable Trade Hub which aims to foster sustainable trade practices for development:  https://bit.ly/4c1ttSr #GreenTransition #Investment #AfCFTA #CriticalMinerals #SustainableDevelopment #ClimateAction

🌍🌱 Exciting read on the linkages between anti-deforestation efforts, trade, and investment, with a special focus on policy implications for G20 countries! The paper, co-authored by Paul Baker and Loan Le, provides an examination of policy measures that aim to incentivise responsible forestry practices, deter illegal logging, and combat deforestation and discusses the potential for trade to be a force for positive change in driving sustainability practices and policies on a global scale. With deforestation posing critical environmental challenges globally, this study offers actionable insights for the G20 as they shape future policy frameworks. The paper is part of the T20 Brazil initiative, contributing to shaping the G20 agenda on sustainability and trade. Definitely worth a read for policymakers, economists, and sustainability advocates! #Sustainability #Trade #Investment #Deforestation #G20 #Policy #ClimateAction #T20 #Brazil

🌍🤝 India and Africa are taking bold steps toward deepening their economic partnership through the African Continental Free Trade Area (AfCFTA)! With India’s investments and Africa’s trade potential on the rise, this collaboration promises to unlock new opportunities in trade, infrastructure, and innovation. 🌱🌍 India has a pivotal role in ensuring the success of AfCFTA by driving agricultural innovation and empowering Africa’s smallholder farmers! With 80% of Africa’s food production coming from local farmers, India’s investment in Agri-tech, like drones and AI for yield prediction and soil health, could revolutionize food security. As food imports cost Africa $75 billion annually, India has a chance to lead in modernizing agriculture and strengthening intra-African trade. Together, India and Africa can shape the future of global food security. #IndiaAfrica #AfCFTA #AgriTech #FoodSecurity #SustainableDevelopment

Check out our new brochure which highlights our vision and deep understanding of the African continent's unique opportunities and challenges. ✨ Explore the insights and strategies driving our mission! 📩 For more information or if you need any assistance, get in touch! #VisionForTheFuture #OpportunityAwaits #StayConnected