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Assessing Regional Integration in Africa IV

Enhancing Intra-African Trade

image of Assessing Regional Integration in Africa IV

The publication seeks to address the pressing issues that are negatively affecting trade amongst African countries. It undertakes a comprehensive empirical analysis of intra-African trade to determine why it has remained consistently low over the past decades. The report proposes concrete recommendations, to be implemented by member States, Regional Economic Communities (RECs), members of the private-sector, and other stakeholders in Africa’s development. It also analyses the various policy issues and other factors that have affected intra-African trade.

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Informal trade in Africa

Informal trade is as old as the informal economy. It is the main source of job creation in Africa, providing between 20 per cent and 75 per cent of total employment in most countries, with the exception of South Africa, where the estimated figureis 12 per cent of the active population (McLachlan, 2005). In West Africa, where the informal sector constitutes 20 per cent to 90 per cent of the national economy (McLachlan, 2005); National Institute of Statistics and Economic Analysis [INSAE]2002, informal trade constitutes a large share of the informal economy.

English

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