Home
FacebookTwitterSearchMenu
  • Subscribe
  • Subscribe
  • News
  • Features
  • Knowledge Library
  • Columns
  • Customs
  • Jobs
  • Directory
  • FX Rates
  • Categories
    • Categories
    • Africa
    • Air Freight
    • BEE
    • Border Beat
    • COVID-19
    • Crime
    • Customs
    • Domestic
    • Duty Calls
    • Economy
    • Employment
    • Energy/Fuel
    • Events
    • Freight & Trading Weekly
    • Imports and Exports
    • Infrastructure
    • International
    • Logistics
    • Other
    • People
    • Road/Rail Freight
    • Sea Freight
    • Skills & Training
    • Social Development
    • Sustainability
    • Technology
    • Trade/Investment
    • Webinars
  • Contact us
    • Contact us
    • About Us
    • Advertise
    • Send us news
    • Editorial Guidelines
Africa
COVID-19
Economy
Other

Covid creates impetus for greater economic integration

19 Apr 2021
0 Comments

Share

  • Facebook
  • Twitter
  • Google+
  • LinkedIn
  • E-mail
  • Print

As countries rebuild their economies following Covid-19, Africa needs to step up productive and infrastructural integration, participants heard at a regional presentation of the African Regional Integration Index (ARII) held virtually last week.

The index, a joint publication of the Economic Commission for Africa, the African Development Bank and the African Union Commission, provides up-to-date data on the status of regional integration in Africa and assesses the level of integration for every regional economic community and its member countries.

The Index report underlined the need for a renewed commitment to regional integration within Africa, speakers said. They noted that the beginning of trade under the African Continental Free Trade Area in January 2021, amid the Covid-19 pandemic and its disruptive impact on movement and economies, had thrown this into sharper focus.

Alhaji Rashid Kibowa, director of trade at the East African Community Secretariat, said the Index report had great potential to address the three major challenges currently facing the continent: the Covid-19 pandemic, implementation of the AfCFTA, and poverty reduction.

“There is a need for more dialogue on the ARII and methodology issues to expand the scope of coverage of the assessed integration areas. The fundamental issues behind the ARII ought to be whether integration exists for Africa and whether it is effective in terms of achieving poverty reduction and socio-economic transformation for the continent,” said Kibowa.

The report, released in May last year, found that overall scores for countries in southern and Eastern Africa showed huge room for improvements, especially with regard to integration within the continent.

The Index indicates that overall, the level of integration on the continent is low, with an average score of 0.327. It notes that Africa is poorly integrated on the productive and infrastructural dimensions, which are key aspects forming the foundations upon which the other dimensions of regional integration depend to function

“The latest edition of the African Regional Integration Index is not only timely but handy to help any African country identify its main strengths and weaknesses with its regional integration performance,” said Stephen Karingi, the director of the regional integration and trade division of the East African Community.

Jean-Guy Afrika, the African Development Bank’s acting director for the regional integration coordination office, said the Covid-19 pandemic had exposed the vulnerabilities of the continent, especially the low levels of intra-African trade and the proliferation of non-tariff barriers.

“The continent will only grow economically if we allow the free flow of goods and services across our borders, allow free movement of people, and scale up regional value chains. As a matter of urgency, we bring down tariff and non-tariff barriers, encourage cross-border trade, and open the African skies,” Afrika added.

 

 

Sign up to our mailing list and get daily news headlines and weekly features directly to your inbox free.
Subscribe to receive print copies of Freight News Features to your door.

CMA CGM launches electric river barge

Sea Freight
Technology

The shipping line has pioneered with Nike as its first customer to use the 100% electric vessel.

Yesterday
0 Comments

Zim's anti-smuggling measures delay legitimate freight operations

Border Beat
Crime
Road/Rail Freight
Yesterday
0 Comments

Trump and Xi talk trade for more than an hour

Economy
International
Trade/Investment

Both leaders reportedly agreed to facilitate further face-to-face meetings in the near future.

Yesterday
0 Comments

RTMC platform hits four million transactions

Road/Rail Freight
Technology

Motorists reject waiting in queues and opt for easy online vehicle licence renewal service.

Yesterday
0 Comments

Global ocean economy faces rising risk

Sea Freight

Shipping, tourism, fisheries, and marine energy accounted for 7% of global trade in 2023.

Yesterday
0 Comments

KZN fingered as one of the top cargo theft regions

Logistics
Road/Rail Freight

"South Africa ranks among the top countries globally and leads the African continent in cargo theft."

Yesterday
0 Comments

Crew abandon blazing car carrier

Logistics
Sea Freight
Technology

The vessel was carrying 800 electric and 2 200 internal combustion engine vehicles when the fire broke out.

Yesterday
0 Comments

Emergency transport falls short in Northern Cape

Logistics
Road/Rail Freight

The activist said they had written to Premier Dr Zamani Saul but to no avail.

05 Jun 2025
0 Comments

‘Freight subterfuge’ used by Ukraine’s most brazen attack yet

Logistics
Other
Road/Rail Freight

It entailed the covert transportation of more than 100 small, explosive-laden FPV quadcopters

05 Jun 2025
0 Comments

SA’s poor logistics could worsen soya’s oversupply risks

Imports and Exports
Logistics

Pressure mounts for exports as local market reaches saturation and harvests keep growing.

05 Jun 2025
0 Comments

WWII bomb disposal halts river freight on the Rhine

Logistics

The transport of commodities like grain and industrial cargo was temporarily halted.

05 Jun 2025
0 Comments

Durban continues trolling for private partners

Logistics

At stake, according to ICTSI, is a commitment to invest R12 billion, compared to Maersk’s R9.2 billion.

05 Jun 2025
0 Comments
  • More

FeatureClick to view

Durban & Richards Bay 6 June 2025

Border Beat

Zim's anti-smuggling measures delay legitimate freight operations
Yesterday
Cross-border payments remain a hurdle – Masondo
30 May 2025
BMA steps in to help DG and FMCG cargo at Groblersbrug
21 May 2025
More

Featured Jobs

New

Seafreight Import / Export Controller DBN

Tiger Recruitment
Durban
06 Jun

CargoWise Specialist

Switch Recruit
Eastrand
05 Jun

Estimator

VDM Cargo Solutions (Pty) Ltd
Brackenfell, Cape Town
05 Jun

Sea Freight Import Controller

VDM Cargo Solutions (Pty) Ltd
Brackenfell, Cape Town
05 Jun
More Jobs
  • © Now Media
  • Privacy Policy
  • Freight News RSS
  • About Us
  • Advertise
  • Send us news
  • Contact us