Giovedì, Aprile 25, 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

New edition of the US NTE Report on Foreign Trade Barriers shows still significant barriers affecting African trade

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The Office of the United States Trade Representative (USTR), through the Trade Policy Staff Committee (TPSC), publishes every year a National Trade Estimate Report on Foreign Trade Barriers (NTE Report) to describe the most significant foreign barriers affecting U.S. exports of goods and services in the main markets abroad. Prepared on the basis of the input of US companies engaged in international trade in response to a notice published in the Federal Register, the NTE Report gives an overview of the main trade barriers in key destination markets of US exports, including in some African countries. The 2024 edition of the report describes trade barriers in countries such as Algeria, Angola, Cote d’Ivoire, Egypt, Ethiopia, Ghana, Kenya, Morocco, Nigeria, South Africa and Tunisia. The most frequent barriers that US companies indicate when exporting to these States can be summarized as follows:

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How Africa could become the future breadbasket of the world? A possible approach from FAO

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In 2011, the Food and Agriculture Organization of the United Nations (FAO) published a booklet titled “why Africa has become a net food importer?”. The publication argued that Africa started to grow its food deficit since the mid-1970s, despite its vast agricultural potential, due to a combination of factors such as: population growth, low and stagnating agricultural productivity, policy distortions, weak institutions and poor infrastructure. The booklet also noted that the wealthier countries in Africa are those with the highest food imports per capita (USD 185 per year in real terms), while Africa’s low-income countries, mostly in Sub-Saharan Africa, import far less food per capita (USD 17 per year), but have higher difficulties in covering their food imports bills, as the reserves of hard currency derived from exports are minimal, and insufficient to cover the costs of such imports.

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US look at African mineral sector to quench their thirst of critical minerals

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The United States Institute of Peace (USIP), an American federal institution tasked with promoting conflict resolution and prevention worldwide, published a study conducted by a group of experts with knowledge of Africa mining policies to explore the role that United States could play in Africa to diversify their critical mineral supply chains and contribute at the same time to drive economic development and strengthen peace and security on the African continent.

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Free movement of persons of persons in Africa: one step ahead, two steps back

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The Africa Migration Report is a joint report of the African Union Commission (AUC) and the International Organization for Migration (IOM). The first edition was published in 2020. The second edition (AMR II), just released, notes that the high mobility of African population is a cultural behavior that is deeply rooted in ancient nomadic activities and practices, justified by economic reasons, that still today are widespread in the continent. The main ones are indicated in pastoralism and small-scale cross-border trade, where huge masses of people every day crisscross borders in search of trading opportunities (profiting from the price differentials among African countries due to different application of customs duties and taxes on traded goods) or of pasture for their livestock. These activities and practices, the report notes, have been exacerbated by conflicts and climate change, which push entire communities to continually move from one territory to another in search of opportunities capable of guaranteeing a livelihood for themselves and their families.

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African Credit rating Agency starts taking shape

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During the 6th Ordinary Session of the African Union’s Specialized Technical Committee on Finance, Monetary Affairs, Economic Planning and Integration (STC-FMAEPI) held from 20 to 21 July 2023 in Nairobi, Kenya, the Committee adopted a declaration to initiate works for the establishment of a private sector-driven African Credit rating Agency based on self-funding and sustaining. STCs are Committees of Ministers or senior officials that work in close collaboration with the various Departments of the African Union (AU) Commission, providing inputs to support the work of the AU Executive Council (a body that, in turns, works in support of the AU Assembly), with regard to thematic areas that fall within their areas of competence. The criteria and the roadmap for the establishment of the African Credit Rating Agency (ACRA) have been discussed by the African Peer Review Mechanism (APRM) and the United Nations Economic Commission for Africa (UNECA) in a two-day retreat in Lusaka, Zambia, that started yesterday, 27 March, and ended today. This represents a very first step in the direction in the establishment of such Agency.

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