Giovedì, Marzo 28, 2024
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Desiderio Consultants Ltd. è una think tank ed una rete di consulenti internazionali per lo sviluppo indipendenti costituita per promuovere ed influenzare politiche doganali e commerciali nei Paesi Africani, al fine di raggiungere riforme di facilitazione del commercio che favoriscano la crescita degli scambi commerciali a livello internazionale e regionale
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Notizie

An assessment of how Africa can inclusively benefit from its unexploited trade potential under the AfCFTA

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The UNCTAD report on “Reaping the potential benefits of the African Continental Free Trade Area for inclusive growth” provides an assessment of how Africa can inclusively benefit from its unexploited trade potential under the African Continental Free Trade Area (AfCFTA).

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National Bank of Ethiopia revises criteria for allocation of foreign currency for imports

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Ethiopian importers need to convert the local currency (Birr) into a foreign currency in order to pay their foreign suppliers. To this end, the importer must request a foreign currency approval from the National Bank of Ethiopia (NBE) via its bank, by lodging an “application for foreign exchange” and depositing the corresponding amount in birr on its account. Because of the perennial shortage of foreign currency in Ethiopia, the process of foreign currency approval can take long.

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The impact of border closures on West African trade

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At the 60th Ordinary Session of the Authority of Heads of State and Government of ECOWAS, held in Abuja on Sunday 12 December, 2021, leaders of West African countries have agreed to the reopening of all land borders in the region starting from January 1, 2022.

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Domestic revenue mobilization vs customs revenues: the challenge for Africa

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According to the recent Revenue Statistics in Africa report, a publication of the Organisation for Economic Co-operation and Development (OECD) released jointly with the Centre for Tax Policy and Administration (CTP), the OECD Development Centre (DEV), the African tax Administration Forum (ATAF) and the African Union Commission (AUC), domestic revenue mobilization in Africa is significantly low, compared with other geographic regions, mainly because of the limited size of the manufacturing sector and to its reduced contribution - in terms of taxes collected from this compartment of the economy - to the budget of African States. In 2017, on average, tax revenues collected by inland revenues authorities in Africa represented only 17.2% of GDP, while in Latin America and Caribbean countries this percentage reaches 22.8% and 34.2% in OECD countries.

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The Implications of AfCFTA for transport in Africa

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The African Continental Free Trade Area (AfCFTA) promises to increase trade between African countries by eliminating import duties on their respective imports and reducing non-tariff barriers that affect intra-African trade. In order to achieve this objective, accelerated investments in infrastructure and equipment are needed.

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