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Agri trade between African countries expected to grow by 33%

In a report titled ‘Connecting Africa’, Ali Al-Gamil, the CEO of Cairo 3A Agriculture, highlights the amount of commerce in African markets as well as the aspirations of the most notable exporters for trade growth in the continent.

According to Al-Gamil, African trading is defined by a large consumer market comprising 54 countries as well as projected growth in agricultural products of 33 percent over the next few years. These benefits entice Egyptian investors to increase their African investments. He also stated that Africa is the final frontier, and that success in the continent now would decide the value of Egyptian produce in the next decades.

He added that the greatest impediment to mutual trade between African countries is a lack of infrastructure, which causes everyday logistical interruptions. However, current infrastructure projects may help to progressively increase mutual trade between African countries.

Source: dailynewsegypt.com


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