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Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah - Politics - Nairaland

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Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by Tabithatim(op): 10:31am On Apr 09, 2025
Governor of Enugu State, Dr. Peter Mbah, has charged Africa on robust regional collaboration and trade facilitation, insisting that Africa’s economic renaissance lies in extensive trade, not charity.

Mbah, who insisted that Africa had all that it takes to build its own table, rather than wait to be invited to the table, also tasked the continent on fully exploiting the power of intra-Africa trade and opportunities inherent in the African Continental Free Trade Area, AfCFTA.

He gave the charge on Tuesday while delivering the closing remarks of the session, “The Africa Opportunity: Regional Collaboration and Trade Facilitation,” on the second and final day of the 2025 Commonwealth Enterprises and Investment Summit in London.

At the session, which focused on how Africa could leverage the potential in its 1.3 billion population to boost trade and investment, the governor noted that such integration and trade facilitation had never been more compelling than now in the face of harsh global and existential headwinds facing the continent.

“Such large population, plus Africa’s combined GDP of $3.4 trillion and the fact that the continent has 65 per cent of the world’s uncultivated arable land means Africa should actually be building the table – and not waiting to be invited to the table.

“But one of the challenges lies in translating Africa’s remarkable potential into real economic development that benefits the continent’s people. One of the solutions lies in fully exploiting the power of trade, particularly intra-Africa trade. It would seem this was what AfCFTA came to fill.


“The World Bank estimates that AfCFTA could lift 30 million people out of extreme poverty, raise incomes for 68 million people, and boost Africa’s income by $450 billion by 2035. That is about 10 years from now,” he said.

He regretted that most of the objectives, including removal of tariffs and non-tariff barriers, for which AfCFTA was established, were yet to be actualised, wondering how Africa’s $40bn annual spending on food imports could be rationalised.

“The dream of a continent-wide common market remains as yet elusive. Despite our frameworks, deep-rooted structural barriers still exist: Only 14.4 per cent of Africa’s trade is intra-African, compared to 69 per cent in Europe and 59 per cent in Asia.

“Just seven per cent of Africa’s trade moves by air, yet we still face the highest intra-continental flight costs in the world. Over 70 per cent of goods are transported by road — but poor road infrastructure and border bottlenecks cost us over $4 billion annually in lost trade.

“Maritime transport is underutilised. Only one in ten African countries has a major port efficiently connected to inland markets. Rail systems – our most cost-effective bulk trade option — remain disconnected or outdated across most of the continent. These statistics are dismal, especially given that it is nearly a decade since the signing of the AfCFTA,” he stated.

Nevertheless, the governor said that “it is not all doom and gloom,” noting that it took the European Union over 35 years to launch its Single Market, but charged Africa to learn from the EU by taking action, prioritising regulatory frameworks, human capital, and infrastructure, among others.

“The EU did not just talk integration. They backed it with laws, infrastructure, and political commitment. Africa can learn from this. We cannot talk about building a common market when we are not yet connected — physically or digitally. So, the question is not what is wrong, but what must be done.

“We need more than political will. We need a unified legal and regulatory framework — one that harmonises trade rules, streamlines procedures, and builds confidence for businesses across borders.

“Second, investing in the enablers is critical – transport corridors, smart ports, cross-border rail, digital payments, efficient customs, and unified standards.

“Also, no nation ever rises above the sheer capacity of its human capital. It will necessarily entail fixing our education system. This is a development imperative.

“AfCFTA is not a feel-good creation. Let us not allow regionalism to become a barrier to a pan-African growth. Let us unite our markets, our ports, our rails, and our ambitions.

“So, the message deductible from the discussions this afternoon is that Africa’s economic renaissance lies in extensive trade – not aid or charity. Let us turn potential into performance. The time is now,”
he concluded.

It is recalled that Mbah had during the first day of the summit organised by the Commonwealth Enterprises and Investment Council, CWEIC, on Monday, led the State Governors Roundtable session where he marketed investment opportunities in Enugu State to global leaders and investors.
https://www.thisdaylive.com/index.php/2025/04/08/gov-mbah-in-london-says-africas-economic-renaissance-lies-in-extensive-trade-not-aid/

Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by PresidObi: 10:32am On Apr 09, 2025
Continue to shine forward Governor Peter Mba, you have proven that true leadership is in your DNA.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by RuggedBiafran: 10:38am On Apr 09, 2025
Igbo Governors trying their possible best to develop their region.

Yoruba Governors paying youths to push propaganda while their region is looking like GAZA.

Two regions ... different objectives
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by RuggedBiafran: 10:39am On Apr 09, 2025
grin


PresidObi:
Continue to shine forward Governor Peter Mba, you have proven that true leadership is in your DNA.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by fredoooooo:
What are we taking Aid for ... African leaders are shameless
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by press9jatv(m): 10:40am On Apr 09, 2025
Very true here, trade is where the funds comes from
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by NkanuSon: 10:42am On Apr 09, 2025
cheesy
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by eastOFwest(m): 10:44am On Apr 09, 2025
Even trade within Naija get barriers. I understand that it's costs less to move a container from China to Lagos than it costs to move same container from Lagos to Port Harcourt or Uyo or Calabar
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by PresidObi: 10:53am On Apr 09, 2025
eastOFwest:
Even trade within Naija get barriers. I understand that it's costs less to move a container from China to Lagos than it costs to move same container from Lagos to Port Harcourt or Uyo or Calabar
You can imagine.

The number of policemen and army stationed between Lagos and port Harcourt is more than the pirates on the high seas.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by jaxxy(m): 10:56am On Apr 09, 2025
After the trade then corruption starts it's own unless there is accountability.

Governance without accountability is corruption and a disservice to the people who voted for you.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by anonimi: 10:57am On Apr 09, 2025
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by anonimi: 10:57am On Apr 09, 2025
eastOFwest:
Even trade within Naija get barriers. I understand that it's costs less to move a container from China to Lagos than it costs to move same container from Lagos to Port Harcourt or Uyo or Calabar
Can you please share the professional basis that informed your understanding.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by PresidObi: 10:58am On Apr 09, 2025
anonimi:
Looks like Enugu propaganda has overtaken Ekiti propaganda and Wike on nairaland.

What is the role of supermods in pushing such propaganda to the FP huh
Haters of good news should do the needful.


A lagoon dive.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by PresidObi: 10:58am On Apr 09, 2025
anonimi:
Can you please share the professional basis that informed your understanding.
Can you dispute his claim?
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by anonimi: 11:00am On Apr 09, 2025
RuggedBiafran:
Igbo Governors trying their possible best to develop their region.

Yoruba Governors paying youths to push propaganda while their region is looking like GAZA.

Two regions ... different objectives
How come Yorubas are not flooding the 5 SE states to develop it but rather the opposite huh

What is the VAT and IGR generated in the SE states compared with the Yoruba states as objective measures of development?

Is Yoruba land under Monday sit at home lockdown by IPOB terrorists like Gaza is under Hamas terrorists?

Two impotent clowns competing over the biggest tool.

edet19892015:
Unless you understand your role in society, you can never make any meaningful contribution.

According to the Greeks, they are three types of people on Earth,
1. The idiots,
2. The tribesmen, and
3. The citizens.


Studies show only 10% of Africans are citizens.
The remaining 90% are either tribesmen or idiots.

1. When the Greeks used the word "Idiot", they did not use it as a curse word.
Idiots are people who just don’t care.
If they sit for exams, they will cheat.
If they are in government they will steal.

An idiot does not care at all, if he eats bananas he throws the peels anywhere instead of putting them in a trash bin.

IDIOTS won't attend monthly neighborhood meetings. They won't pay security dues. They won't contribute to community development. Even when they see or know about something that will harm others in the community they won't report it. When they see/know/have something that will benefit their community they won't share.

In fact, Idiots don't care to register for or vote in an election, yet they complain the most. If they register to vote, IDIOTS will sell their votes for peanuts.

According to the Greeks, some societies have more idiots than tribesmen and citizens.

2. The next set of people are "Tribesmen", these are people that look at everything from the point of view of their tribe.

These are people that believe in you only if you are part of their tribe.
It can be terrible to have a tribesman as a leader, he will alienate the rest.

When the Greeks talk about tribes, it’s not just about ethnicity, they also consider religion, gang membership, group membership, party membership and even cult membership as a tribe.

A great percentage of Africans are tribesmen, because they view everything from the point of view of their tribes. They trust only their tribesmen

3. The last group are "Citizens".
These are people who like to do things the right way.
They will respect traffic light rules even if no one is watching them.

They drive within speed limits.
They respect the laws, and won’t cheat in exams.
In government, they won’t steal.
They are compassionate and give to others to promote their well-being.

Citizens often promote projects that benefit everyone.
The Greeks called this group "The Citizens".

Some countries have more citizens than tribesmen and idiots, others have so many idiots.

A tribesman can become a citizen through orientation.
And an idiot can become a citizen by training and constant enforcement of the law.

But things fall apart if you elect an idiot or tribesman to lead you if he has not been reformed.

Where do you belong? Are you an idiot, a tribesman or a citizen? Reflect on your life.
Reflect about your immediate community, city, state and nation.

#EdetEdemAkpan #Share
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by anonimi: 11:01am On Apr 09, 2025
PresidObi:
Can you dispute his claim?
When he shares the professional basis, then it becomes a claim worthy of dispute. Until then, he is just doing balablu blabbing.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by PresidObi: 11:03am On Apr 09, 2025
anonimi:
When he shares the professional basis, then it becomes a claim worthy of dispute. Until then, he is just doing balablu blabbing.
The people on the ground can relate to his claim. Those who live on the internet can keep disputing it, and still asking themselves why inflation is still rising.

Such a pitiable situation.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by stanluiz(m): 11:03am On Apr 09, 2025
eastOFwest:
Even trade within Naija get barriers. I understand that it's costs less to move a container from China to Lagos than it costs to move same container from Lagos to Port Harcourt or Uyo or Calabar
High import duties fees on containers. You also add the fees of fuel, logistics, money given to security agencies on road checkpoint, bad road etc.

Another major reason is there are some goods that can't be imported through the eastern ports. Goods like Electrical, machinery, texile, Automobile, Pharmaceutical etc

It was FG policy that made such to happen and the very reason importers has no option than to use Lagos ports.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by stanluiz(m): 11:06am On Apr 09, 2025
RuggedBiafran:
Igbo Governors trying their possible best to develop their region.

Yoruba Governors paying youths to push propaganda while their region is looking like GAZA.

Two regions ... different objectives
They are more concerned and supporting the illegality that is happening in rivers so that wike can rig rivers state presidential election again for their agbado president.

They are more concerned about other people region. Dishing out lies and propaganda just to demarket and make it unattractive while their waste region continues to crumble.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by musicwriter(m): 11:27am On Apr 09, 2025
Thr question is: what are you trading?

We can never be able to trade ourselves out of poverty with raw materials. And no country has ever been able to trade itself out of poverty trading raw materials.

You have to be trading finished goods, especially technology.

The prosperous countries are trading products of science and technology. That's why they're able to do it.
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by IGBOPROMISE1: 11:47am On Apr 09, 2025
RuggedBiafran:
Igbo Governors trying their possible best to develop their region.

Yoruba Governors paying youths to push propaganda while their region is looking like GAZA.

Two regions ... different objectives
I find all this dick-measuring and baiting to be unnecessary and juvenile! You forget the south-east is saddled with clueless governors in two states!
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by eastOFwest(m): 12:18pm On Apr 09, 2025
anonimi:
Can you please share the professional basis that informed your understanding.
This is ignoring the various bribes and illegal fees etc that have to paid along the way, starting from within the port. I don't know how true this is, but I was also made to understand that you must use designated (extortionate) haulage trucks to bring you goods out of the port.

Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by Abaziaka: 2:36pm On Apr 09, 2025
This man just highlights some critical point without sounding bitter and desperate just so to score cheap political points
Raising some point without sounding political
Re: Africa’s Economic Renaissance Lies In Extensive Trade, Not Aid - Governor Mbah by Ahigbo1: 3:41pm On Apr 09, 2025
Mbah has foresight, apparently
1 Reply

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