An agricultural renaissance in Africa : seizing opportunities in global agricultural trade

Abstract

Africa is at a pivotal moment in its agricultural evolution. It is poised to harness its vast potential and emerge as a prominent player in the global food supply chain. With initiatives like the African Continental Free Trade Area (AfCFTA) in place, the continent has a unique opportunity to drive economic growth, enhance food security, and foster sustainable development with agricultural trade. However, Africa faces significant challenges, including low productivity, inadequate infrastructure, and trade barriers, which hinder intra-Africa agricultural trade and limit the continent's participation in the global market. Despite these challenges, Africa can learn lessons from successful agricultural models in other continents. By examining the experiences of regions like the European Union (EU), the United States-Mexico-Canada Agreement (USMCA), and the Association of South east Asian Nations (ASEAN), Africa can develop tailored strategies to overcome barriers to intraAfrica agricultural trade and maximise the benefit of agricultural transformation. Moreover, fostering regional cooperation and integration, resolving conflict, harmonising trade policies, and investing in infrastructure are essential steps towards unlocking Africa's agricultural trade potential. By implementing these policies, Africa can overcome barriers to intra-Africa agricultural trade and enhance its global competitiveness.