The 2019 Annual Meetings of the African Development Bank Group will be held from 11-14 June 2019, in Malabo, Republic of Equatorial Guinea. Find out more
Agricultural trade is an important engine for Africa’s economic growth and shared prosperity. It has the potential to create jobs, catalyze investments, foster economic growth, and help Africa feed itself and the world. African countries have many reasons to promote regional food market integration.
First, given the existence of strong complementarities among African countries—in terms of soil biodiversity, climatic conditions, and land quality—intra-African trade of agricultural products can help expand existing domestic food markets, create new ones, and enable new economic opportunities for growth.
Second, a vibrant intra-African food trade can promote competitiveness and economic diversification, attracting new investors.
Third, a buoyant intra-African food trade can help countries weather external global shocks and other headwinds. However, despite the implementation of various initiatives and efforts to support regional integration of food markets, the development of agricultural trade between African countries has been slow and the level of intra-African food trade remains one of the lowest in the world.
The objective of the session is to draw attention on policy-related barriers and other barriers to the development of regional food trade in Africa. The session is to draw attention to policy-related and other barriers to the development of regional food trade in Africa.
The session will commence with the presentation of preliminary findings of the report Intra-African Food Market Integration: Challenges and Policy Options, commissioned by the African Development Bank and the Kofi Annan Foundation. Then, panelists will have the opportunity to assess the effectiveness of ongoing initiatives and other continent-wide efforts to remove food trade barriers. Finally, panelists will discuss lessons learned from success stories in various food market integration and suggest clearly defined and implementable policy recommendations.
Moderator: Prof. John Anyanwu, Lead Economist, African Development Bank (AfDB)
Rapporteur: Adamon Ndungu Mukasa (AfDB)