Africa Trade Fund (AfTra)

Africa’s export performance is poor despite lower tariffs and freer access to foreign markets. The weaknesses of Africa’s export performance are mainly linked to weaknesses in the political economy of trade-related policy reforms, institutional development and supply constraints related to infrastructure and logistics.

The Africa Trade Fund was established by the African Development Bank in March 2012, with seed financing from the Government of Canada. AfTra is a trade-related, multi-million dollar technical assistance facility with the objective to accelerate the integration of Regional Member Countries (RMCs) and Regional Economic Communities (RECs) in regional and global trading systems.

Resources under AfTra will be used to support the growing impetus for regional economic integration and expanded trade opportunities for Regional Member Countries. It will complement the Bank’s existing resources to Regional Member Countries and leverage the Bank’s operations in regional integration and priority sectors such as agriculture, infrastructure, governance, private sector development, as well as science and technology.

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FAQs

  •   What is the Africa Trade Fund?
  •   Which areas does it support?
  •   What are the types of activities financed?

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  •   How are the funds distributed?
  •   Who is eligible?
  •   How can one apply?

Africa Trade Fund (AfTra): Unlocking Africa's Trade Potential

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