S. Africa: Agriculture sector well-positioned to benefit from AfCFTA

May 24, 2021 Ecofin Agency 0 Comments

South Africa’s agriculture sector is well-positioned to benefit from the various opportunities offered by the African Continental Free Trade Area (AfCFTA), which came into effect on Jan. 1st, 2021.

Unlike some other countries on the continent, S. Africa is currently well integrated into the intra-African agricultural trade landscape through direct exports, imports, and re-exports.

According to data from the International Trade Center (ITC), the rainbow nation alone accounts for more than 80% of the continent’s intra-African poultry trade. The country also weighs heavily in maize trade, for which the rainbow nation is the largest African producer, accounting for nearly one-third of intra-African trade. Read More.

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