Growth is about efficiency

If intra-Africa trade is to grow,

we need to do it more efficiently,

says Cebisile Nyambe, national

project co-ordinator for public and

private procurement and the social

economy project (PPPSE) of the

International Labour Organisation.

“We are wasting time and money

at our borders. It is not simply

about exporting our products and

trading with each other or the

rest of the world. We must not

forget that this continent is heavily

affected by poverty. Trade is the

only way of changing that.”

It’s a sentiment shared by the

WTO and World Bank which has

published a report on the role of

trade in ending poverty.

“This report states that

improving the efficiency of trade is

the key component of development

and poverty reduction,” says

Nyambe.

She believes that in order

to increase cross-border trade

it’s necessary to connect more

people in rural regions with trade

opportunities while at the same

time formalising the large volumes

of informal trading that is taking

place.