According to the study Strengthening Africa’s capacity to trade published by the World Trade Organisation (WTO), since 2000, most of African countries have maintained their structure of commodity-dependent countries, recording, as a continent, the highest growth rate (70 per cent) in the number of agricultural product categories exported, compared to others regions in the world. The report also reveals that the number of industrial product categories exported from 2000 to 2017 increased by 70 per cent, recording the strongest growth rate in industry export diversification between 2000 and 2017, followed by Asia (31 per cent) and America (17 per cent).
Read more...