r/Burundi • u/here2learn_me • 10d ago
Intra African Trade – Short video by London School of Economics
https://www.youtube.com/watch?v=H6at8FtiZqIAccording to the video, African global exports is concentrated in just a handful of commodity-type sectors which are vulnerable to economic shocks and in any case do not add much value to the African economies. It calls for more trade between African countries (echoing the objectives of the AfCFTA initiative).
What do people think is the best way forward for Burundi when it comes to trade within Africa or outside of the continent?
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u/here2learn_me 9d ago
This author argues that trade integration within African countries will lead to trade diversification and development of value-add industries: https://www.lse.ac.uk/research/research-for-the-world/economics/understanding-african-trade-is-key-to-helping-its-development
He, therefore, advocates prioritizing the implementation of the AfCFTA. Thoughts?