Trade Africa Organization is a home-grown African consulting firm specialized on foreign direct investment, location and trade promotion, as well as international business development. We have been advising and supporting Investment Promotion Agencies, Governments and private companies since our foundation.
Our expertise and capabilities include international lead generation, Foreign Direct Investment FDI strategy development, business expansion management, marketing and media support as well as commodity trading and consulting on all aspects of African market entry and expansion. Our partners combine over 50 years of consulting experience across various industries with extensive know-how in international business development.
Africa’s GDP and its internal trade expanded fourfold over the past two decades, according to the report, which suggests that intra-African trade is more resilient than exchanges with other regions of the world, largely because manufactured goods are less susceptible to price shocks which affect primary products that constitute over 50% of trade between the continent and other countries.
With offices in South Africa, Nigeria & Kenya as well as strategic partnerships in the United States Of America, India, London and China, Trade Africa Organization covers some of the most important geographic regions globally
Most of Africa’s primary exports undergo little processing before they are re-exported, the report argues, citing cocoa beans from Côte d’Ivoire and Ghana and crude oil and petroleum products from Nigeria as examples.
The constraints to trade in Africa are multidimensional, both internal and external dimensions. The external constraints, such as the market access, volatility of commodity prices, domestic support and export subsidies, quality standards, and competitiveness, have been identified among the major factors that are militating trade
Contrary to popular notion, the heterogeneity of national exports helps intra-African trade as the spread of products across the continent allows for more trade between regions with large food demands. For instance, resource-rich countries, can obtain supplies from countries with more advanced agricultural productivity. Similarly, countries with more advanced manufacturing sectors hold a potential for growth if they can access the larger African market and development in Africa.
Even though agriculture has substantially contributed to the GDP and export value in African countries.