A press release issued by the Ministry of Investment, Industry and Trade of Tanzania clarifies that rumours about the decision to sign the Economic Partnership Agreement (EPA) with the European Union (EU) are not true and the position of the country remains unchanged.

Leggi tutto...

A new publication from the World Bank describes the trade dynamics in the various Sub-Saharan Africa’s subregions since 2010. The study shows that except from 2015 to 2019, Sub-Saharan Africa’s trade has, by and large, grown faster than other parts of the world. Specifically, the growth in exports has been particularly high for capital goods than for consumer or intermediate goods. Capital goods are durable goods that are used in producing other goods and services and include machinery, tools and other equipment used to produce goods for consumption. In terms of regional areas, East Africa’s takes the lead, with exports and imports of both goods and services that have grown systematically faster than other regions in Africa. By contrast, Southern Africa’s exports of goods have been growing in line with the world average.

Leggi tutto...