Africa Business Headlines International

African companies prefer trading with non-African countries, ignoring local FTAs

African exports to other continents surpass the continent’s intercontinental trade, the United Nations Conference on Trade and Development (UNCTAD) has found, with Africans preferring import tariffs provided by the United States, European Union, Canada, and Japan (the “Quad nations”). Despite growing calls for increased intraregional trade, companies in Africa are taking advantage of preferential trade […]