Intra-African trade rises as market access between blocs improves
The increase in intra-African trade marks a strategic shift on the continent, which was previously relatively low compared with trade flows from the European Union and China. TEA GRAPHIC | NATION MEDIA GROUP
Intra-African trade increased by 50 per cent to $61 billion between 2010 and 2013, according to recent data released by the African Development Bank.
The rise is attributed to improved market access and a strong growth in re-exports among African countries.
