Strengthening Africa’s capacity to trade
Open global trade has had positive effects for African industrialization and development. This report looks at efforts to help African countries strengthen their trading capacity and take fuller advantage of the benefits that trade brings. The report looks into the effects of COVID-19 on Africa, the latest trends in African trade and how the WTO is providing support through the WTO-led Aid for Trade initiative and in areas such as trade facilitation, compliance with regulatory standards for trade, and technical assistance. The report also looks into projects aimed at mainstreaming trade into the national development strategies of African countries.
Keeping markets open and fostering a favourable business environment will be critical to spur renewed investment in Africa and support the continent’s economic recovery from the COVID-19 pandemic.
