Browsing: Durban

A port. The Dubai Chamber’s ‘Why Africa?’ initiative is focusing on East Africa and explores key economic indicators and their analyses in the continent. www.theexchange.africa

The training programme was launched during the Intra-African Trade Fair 2021 (IATF2021), taking place in Durban, South Africa from November 17 to 21. For previously under-represented populations, the training programme strives to break down barriers to commerce.
The AfCFTA’s ‘How to Export with the AfCFTA training programme’ was designed with African businesses in mind. Small enterprises will be equipped with the tools they need to take advantage of the new trading climate and the AfCFTA’s operationalization.
In 2020, Afreximbank and ITC begun a trial programme in Côte d’Ivoire, Nigeria, and Rwanda as a test of this new programme concept. There were around 1,500 applications for the course within the first few days of its release, indicating a strong degree of interest in its subject.

Ramaphosa added that Africa is now taking concrete steps to write its own economic success story and the Intra-African Trade Fair is part of that story.
With Africa opening up new fields of opportunity, Ramaphosa said that seeing more of ‘made in Africa labels’ is critical if the continent is to change the distorted trade relationship that exists between African countries and the rest of the world.
He emphasised that the situation where Africa keeps exporting raw materials while importing finished goods from those materials is no longer tenable. By promoting trade in Africa, he said, “we strengthen our own industrial base and produce goods for ourselves and for each other”.