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According to the report of the African Export and Import Bank (Afreximbank), Tanzania is among the five countries that recorded sharp declines in their trade with the rest of the continent. ;last year. Other countries are Mali, Botswana, Zimbabwe, The Gambia and Libya, which collectively account for about 11% of total intra-African trade.
Afreximbank's Africa Trade Report 2018: Boosting Intra-African Trade – Consequences of Continental Free Trade in Africa The AfCFTA indicates that these economies have recorded steep declines in trade. trade with their peers, which averaged more than 20 per cent
"Intra-African trade advocates remained virtually the same in 2017 as in South Africa, and Nigeria contributed more than 35 per cent. % of intra-African trade This compares with 10 other countries – Zambia, Côte d'Ivoire, Swaziland, Botswana, Zimbabwe, DRC, Mozambique and Kenya, Morocco and Ghana – which also account for 35 percent of intra-African trade. "] Visit e.paper.ippmedia.com to read more articles
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