From East Africa Business Week (Uganda): "African states including the East African Community (EAC) member states have been urged to dismantle trade barriers in a move that would enable them to generate an extra $20bn earnings per annum. A new World Bank report says that Africa's farmers can potentially
grow enough food to feed the continent and avert future food crises if
countries remove cross-border restrictions on the food trade within the
region."
More: "With as many as 19 million people living with the threat of hunger and malnutrition in West Africa's Sahel
region, the Bank report urges African leaders to improve trade so that
food can move more freely between countries and from fertile areas to
those where communities are suffering food shortages. The World Bank expects demand for food in Africa to double by the
year 2020 as people increasingly leave the countryside and move to the
continent's cities."
Trade Barriers Cost Africa US$20 Billion A Year
Posted by
Shay Riley
at
11/05/2012
Labels: Africa, Free Trade