AfCFTA to boost intra-African trade in agricultural and food products and enhance continental food security
The United Nations Economic Commission for Africa (ECA), through its African Trade Policy Centre (ATPC) and the Agriculture and Business Enabling Environment Section organized a Webinar jointly with the International Food Policy Research Institute (IFPRI) to discuss the impact of the African Continental Free Trade Area (AfCFTA) on African agricultural and food trade. Regrettably, Africa has been a net importer of basic food products for over two decades, which is likely to worsen in the short term due to the Covid-19 crisis. It is here that the AfCFTA becomes crucial. The issues were further debated by 4 eminent Panelists. Antoine BOUET, Senior Research Fellow at IFPRI and co-editor of the Africa Agriculture Trade Monitor (AATM) 2020 Report, indicated that the AfCFTA is expected to lead to a substantial increase in agricultural trade between RECs, and particularly in semi-processed and processed agricultural products. According to him, the AATM report further found that the AfCFTA is able to contribute towards formalization of cross-border trade in agricultural and food products by reducing risk and uncertainty for informal traders, and especially women.
| Format: | Press release biblioteca |
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| Language: | eng |
| Published: |
2021-02
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| Online Access: | https://hdl.handle.net/10855/45609 |
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