intra-Africa trade - The African Mirror

May

2023

Can Music, Art, and Religion accelerate intra-Africa trade?

WITH its increasing emphasis on music, art, storytelling and religion as unifying factors among 54 African countries, it is anticipated that the Africa Continental Free Trade Area-the world's largest single market will be implemented more quickly. As the continent gears up for this year's Africa Day celebrations on May 25th, several organisations are hosting events around these themes to appreciate diverse cultures and languages and holding online conversations on the role of faith in fostering social and economic integration. Africa Day is an event that signifies the establishment of the African Union and honours the continent's pursuit of unity. The…

Apr

2023

By CONRAD ONYANGO, BIRD STORY AGENCY

Electric trains boost for intra-Africa trade

NEWS

TANZANIA and Burundi have floated a tender for designing and constructing an electrified railway that will initially connect the two countries and pass through the Democratic Republic of Congo (DRC), as the countries look to tap AfCFTA, the world's largest single market, and create the continent's second multinational electrified railway. The African Continental Free Trade Agreement is set to combine Africa's population of nearly 1.4. billion people and markets with a current combined GDP of over US$ 3 trillion, in a single market. About 282 Kilometer of an electrified Standard Gauge Railway (SGR) line will be built from Uvinza in…

Sep

2021

By The African Mirror

Startups in African logistics see fundraising boom

BUSINESS

CONRAD ONYANGO, BIRD AFRICA’S transport and logistics startups are on track to raise more growth funds this year, in deals that could help ignite intra-Africa trade. Since the outbreak of the COVID-19, there has been a rising shift towards tech-enabled transportation across the continent to overcome movement restrictions, improve efficiencies and grow food chain resilience. The wider growth of e-commerce in Africa during the COVID-19 pandemic has also created fresh demand in the logistics sector, sparking a rise in last-mile delivery apps for food and other goods. Baobab Network, a social impact technology accelerator, shows that the transport and logistics…