Episodes
Episode 08 John Mensah on The Art of Trade: Unlocking Africa’s Economic Potential
From local markets to international agreements, learn how Africa can maximize its trade opportunities. Economist and trade expert, John Mensah, provides deep insights.
This episode explores Africa’s untapped trade potential and its role in driving economic growth. Our guest, John Mensah, a leading economist and trade policy expert, discusses the challenges of trade barriers, the opportunities presented by the AfCFTA, and the importance of investing in infrastructure.
Key Insights:
- Intra-African Trade is Key: Increasing trade between African countries under initiatives like the African Continental Free Trade Area (AfCFTA) could significantly boost the continent’s GDP.
- Streamlining Trade Policies: Harmonizing customs regulations and reducing bureaucratic hurdles are essential to unlocking Africa’s full trade potential.
- Infrastructure Matters: Investments in transport, energy, and digital infrastructure are critical to connecting markets and making trade efficient.
- Empowering Small Businesses: Supporting SMEs, which make up a large percentage of African businesses, can drive inclusive economic growth and create jobs.
- Leveraging Natural Resources: Moving from raw material exports to value-added processing within Africa ensures that more wealth stays on the continent.
Listeners will learn about actionable steps for empowering local businesses, creating value-added industries, and fostering regional collaboration to transform Africa into a global economic powerhouse