Business

Intra-continental Trade Expansion To Take Centre Stage In New Focus Report On Africa

A new focus report, produced by Oxford Business Group (OBG) in partnership with the Africa Economic Zones Organisation (AEZO), will explore the potential that the African Continental Free Trade Area (AfCFTA) holds as a driver of intra-regional trade by linking local markets.

Titled “Special Economic Zones in Africa”, the report will provide in-depth analysis of the continent’s potential for enhanced regional integration in an easy-to-navigate and accessible format, focusing on key data and infographics relating to Africa’s socio-economic landscape.

The report will shine a spotlight on Africa’s special economic zones (SEZs), examining in detail the part they are expected to play in galvanising industrialisation and trade facilitation across borders.

It will track the developments under way in individual AEZO member countries, analysing key data across a wide range of metrics, such as such as trade volumes, business models, regulatory frameworks and access to finance.

Other topical issues analysed will include the impact of Covid-19 on intra-African trade and how these are being addressed.

In the report Ahmed Bennis, Secretary-General, AEZO, will share his thoughts on a wide range of issues, including how SEZs can leverage rising demand across the continent for industrialisation, with the AfCFTA now active.

“Special economic zones have a key role to play in enhancing the attractiveness of the African markets, while contributing to the expansion of local economies,” he said. “I look forward to tracking their development with Oxford Business Group and exploring what SEZs can do to boost investment in this important and timely report.”

Commenting ahead of the report publication, Karine Loehman, OBG’s Managing Director for Africa, said SEZs were taking centre stage in Africa’s efforts to attract FDI, with more than 200 now established across the continent.

“Challenges to their development remain, such as access to land and provision of power,” Loehman said. “However, the opportunities to play a part in Africa’s growth story by developing the essential industrial, logistic and service activities that companies need are huge.”

The focus report on Africa will form part of a series of tailored reports that OBG is currently producing with its partners, alongside other highly relevant, go-to research tools, including a range of country-specific Growth and Recovery Outlook articles and interviews.

Oxford Business Group is a global research and advisory company with a presence in over 30 countries, spanning Africa, the Middle East, Asia and the Americas. It is recognised internationally as a distinctive and respected provider of on-the-ground intelligence on world’s fastest-growing markets, termed The Yellow Slice, in reference to OBG’s corporate colour. 

Through its range of products – Economic News and Views; OBG CEO Surveys; OBG Events and Conferences; Global Platform, which hosts exclusive video interviews; and The Report publications – as well as its Advisory division, OBG offers comprehensive and accurate analysis of macroeconomic and sector-level developments for sound investment opportunities and business decisions. 

OBG provides business intelligence to its subscribers through multiple platforms, including its direct subscribers, Dow Jones Factiva subscribers, the Bloomberg Professional Services subscribers, Refinitiv’s (previously Thomson Reuters) Eikon subscribers and more.Attachments area

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