“The new African Free Continental Trade Area phases out 90% of tariffs on all goods traded between African Union member states over a 5-to-10-year period. This seeks to boost intra-African trade and investment in regional value chains. The current 41% share of SA agricultural exports that goes to Africa is concentrated in SADC. The opening of other markets presents an opportunity for further expansion in goods such as oranges, apples and wine.”
The above text is an abstract of an article I’ve co-authored with fellow agricultural economists Louw Pienaar and Tshepo Morokong of the Western Cape Department of Agriculture, just published on Econ 3×3.
You can read the article by clicking here.
Cover photo: Business Day/PRASIT RODPHAN
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