Browsing: Africa Trade Barometer

• Standard Bank has developed the Africa Trade Barometer, a tool that blends qualitative and quantitative data across African markets.
• The Africa Trade Barometer is instrumental in solving access to information, a significant non-tariff barrier in Africa.
•  It provides a near real-time view of trade openness, access to finance, and macroeconomic stability data among others.

Standard Bank, the biggest lender by assets across Africa, has thrown its weight behind the African Continental Free Trade Area (AfCFTA) saying it is a key opportunity to alleviate poverty, drive economic activity and achieve prosperity.

By eliminating trade barriers, AfCFTA aims to lift about 30 million Africans out of poverty by increasing incomes across the continent by seven percent by 2035. Once implemented, AfCFTA will be the world’s largest free trade area ever rolled out.

Standard Bank wants to power AfCFTA take-off

Recent global supply chain woes suffered in Africa illustrate the urgent need of …