Wednesday, July 08, 2020
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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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UNCTAD, World Investment Report 2020 edition released

Due to the spread of COVID-19 at global level, global foreign direct investment (FDI) flows are predicted to decline up to 40% in 2020, with a further 5% to 10% reduction in 2021. A recovery is expected only in 2022, led by global value chains (GVCs) restructuring for resilience, replenishment of capital stock and the expected world economy rebound once the crisis will end. Developing economies are expected to see the biggest fall in FDIs because they rely more on investment in GVC-intensive and extractive industries, which have been severely hit, and because of their limited capacity of putting in place the same economic support measures that have been adopted by developed economies. Anyway, all will depend on the duration of the health crisis and on the effectiveness of policies aimed at mitigating the pandemic’s economic effects.

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Desk Africa: assistance to business in Africa

Desiderio Consultants Ltd., in collaboration with Opera Ltb starts a new project of assistance to businesses wishing to settle or make business in Africa. We are a network of experts in law, tax, trade, customs, company registration, transportation & immigration.

Desiderio Consultants Ltd., in collaborazione con Opera Ltb. avvia nuovo progetto di assistenza alle imprese che desiderano installarsi o fare affari in Africa. Siamo una rete di esperti in diritto, fiscalità internazionale, commercio, dogane, registrazione societaria, trasporti e immigrazione. Per ulteriori informazioni visitate il sito.

Facilitating transit and transport operations to and from landlocked countries during the Covid-19 crisis

The COVID-19 pandemic has shown its brutal impact particularly on Landlocked Developing Countries (LLDCs), as these countries are particularly vulnerable to cross-border restrictions and border closures, given their dependency on transit transport to access international markets. Even in normal times, functioning and efficient transport networks and transit procedures are particularly critical in increasing connectivity and integration of the LLDCs into world markets. During the COVID-19 crisis, there is an even more urgent need to ensure smooth transport of goods to and from these countries, by ensuring the delivery of much-needed medical equipment and basic goods, and in the long-term perspective, in order to facilitate trade and access to global markets, spurring economic pick-up post COVID-19.

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African Union: New PIDA Priority Action Plan launched

The African Union Commission (AUC) in partnership with the African Development Bank (AfDB), the UN Economic Commission for Africa (UNECA) and the AU’s development agency, AUDA-NEPAD, has launched the process aimed at identifying the priority projects of continental interest for the period 2021-2030 that will be included in the new Priority Action Plan (PAP2) of the Programme for infrastructure Development in Africa (PIDA), the AU’s strategic framework for the development of regional infrastructure in Africa in the 1) Transport, 2) Energy, 3) Transboundary Water, and 4) Telecommunication/ICT sectors until 2040.

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Regional integration in Africa: new monitoring tool launched

Following the recent release of the African Regional Integration Index (ARII 2019) report (revised on 21 May 2020), the United Nations Economic Commission for Africa (ECA) has launched the Africa Regional Integration Index Platform, a dedicated website for monitoring performances and progress in terms of regional integration in each African country, in the eight Regional Economic Communities (RECs) recognised by the African Union and, more generally, in the African Continent.

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