Wednesday, September 22, 2021
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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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Burundi and the DRC to start implementation of the COMESA Simplified Trade Regime

Burundi and the Democratic Republic of Congo have taken steps for starting the implementation of the COMESA Simplified Trade Regime (STR) for facilitating small scale trade at their common borders for goods with a value of USD 500 or less per batch.


Service sector main contributor to the African GDP

According to the African Economic Outlook 2020, presented by the African Development Bank on March 2021, the service sector represented in 2020 about 53 per cent of the aggregated Gross Domestic Product (GDP) of Africa, while the industrial sector contribution was only 36%.


Ethiopia and Kenya adopt operational procedure manual for the Moyale OSBP

The government of Ethiopia and Kenya officially adopted on 15 September 2021 an operational procedure manual for border operations at the Moyale One Stop Border Post (OSBP).


African economy expected to grow at low pace in 2021

According to the latest UNCTAD Trade and Development report (2021), released on 15 September 2021, the estimated level of growth of the African continent is expected to reach only 3.2 per cent in 2021, while in 2020 it was 2.9 per cent.


Status of AfCFTA national Implementation strategies

During the Conference of African Ministers of Finance, Planning and Economic Development held in Addis Ababa in May 2018, the African Union member States have been urged to prepare national strategies and implementation plans to identify opportunities, constraints and actions related to the AfCFTA implementation, including key objectives for increasing trade performance, country priority sectors, and opportunities for regional and global value chain integration.


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