Private sector key to raising value of intra-Africa trade

Trade among African countries is alive and growing, expanding to about 16 per cent in 2014 from 10 per cent in 2000, according to recent data from economists at the African Development Bank (AfDB).

Despite this modest improvement, the volume of intra-Africa trade is a paltry $2 trillion when juxtaposed alongside trade between Africa and the rest of the world, which stands at a hefty $77 trillion.