Saturday, December 03, 2022
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Desiderio Consultants Ltd. is a think tank and a network of independent professional international development consultants established to promote and influence customs & trade-related policies in African nations to achieve trade facilitation reforms aimed at improving international and regional trade
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A glossary and a private sector mapping study to support AfCFTA implementation

The AfCFTA Secretariat and the International Trade Centre (ITC), during the Africa Industrialization Week held in Niamey (Niger) from 20-25 November 2022, launched a publication titled “Understanding the African Continental Free Trade Area: a glossary” to facilitate the understanding of the Agreement. The AfCFTA glossary, which is not yet available on-line, has been produced with input from the private sector and explains 100 AfCFTA-related technical terms to help especially small firms to better understand the legal provisions and technical rules of the Agreement. During the same event, ITC and the AfCFTA Secretariat also announced the conclusion of a mapping exercise of the African private sector to understand the challenges faced by small businesses on the Continent by identifying the characteristics, level of competitiveness and constraints of African firms, including the performance and degree of interconnectedness of regional Business Support Organizations (BSOs).

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What is needed for the AfCFTA to be successful: a perspective from African CEOs

An article published by the Chairperson of the Pan-African Private Sector Trade & Investment Committee (PAFTRAC) gives a summary of the outcomes of the recently adopted PAFTRAC CEO Trade Survey 2022. The report reveals that in order to take full advantage of the African Continental Free Trade Area (AfCFTA), African companies need that three key conditions are in place:

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New ITC report reveals strategic sectors for value creation in Africa

A new report titled “Made by Africa: Creating Value through Integration”, was released by the International Trade Centre (ITC) during the African Union Summit on Industrialization and Economic Diversification in Niamey, held in Niger from 20 to 25 November 2022 at the Africa Industrialization Week. The report, elaborated in close collaboration with the African Union Commission and the European Commission, identifies 94 value chains where African countries have a comparative advantage or high export potential that can spur industrialization. Among them, pharmaceuticals, baby food, cotton clothing and automotives are indicated as the most promising.

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Drivers of industrial development in Africa: inaugural African Industrialization Index (AII) launched

A new report published by the African Development Bank (AfDB) in collaboration with the African Union (AU) and the United Nations Industrial Development Organization (UNIDO) analyses the status and gaps of industrial development in Africa, as a foundation for economic growth and for developing exports and economic diversification.

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AfCFTA exporter’s registration number and the proliferation of traders’ identifier codes in Africa

The Appendix I to the Annex 2 on Rules of Origin of the African Continental Free Trade Area (AfCFTA) Protocol on trade in goods states in the notes for completing an AfCFTA certificate of origin that an exporter’s registration number “should” be inserted (this term indicates that it is not mandatory), “where applicable”, in the Box 1 of such certificate. The AfCFTA manual on Rules of Origin, despite mentioning in its introduction that one of its objectives is to provide guidelines on the registration of exporters, does not give any indications about how this process should be conducted. In this situation of confusion, some African countries have introduced a specific “AfCFTA exporter’s registration number” as a condition to apply for an AfCFTA certificate of origin - and therefore as a condition to trade under the AfCFTA - while others allow exporters to use their ordinary exporter’s registration number in the box No 1 of the certificate. Other, again, do not require any exporter’s registration number to be indicated in the form. Which one is the best solution?

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