The value of intra-Africa trade declined to $190.9 billion in 2023, demonstrating persistent challenges that African economies continue to face in trading with one another under the continental Common Market, blamed on both tariff and non-tariff barriers.
As a result, the share of intra-African trade in total declined to 14.4 percent, from 14.7 percent in 2022, according to a new report by Afreximbank.
