A new report from the Pan-African Manufacturers Association (PAMA) highlights the crucial role that small and medium-sized industries (SMIs) play in making the African Continental Free Trade Area (AfCFTA) work
. According to the report, SMIs contribute up to 90% of employment in Africa and are essential for boosting trade, reducing poverty, and growing local economies.
The report, titled "AfCFTA: Impact and Opportunities Assessment for Africa's SMIs," reveals that while most SMIs are eager to trade across borders, many face major challenges — including poor infrastructure, low production levels, limited access to finance, and lack of knowledge about AfCFTA rules.
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PAMA warns that without targeted support such as trade-friendly policies, improved infrastructure, financial aid, and training, SMIs won't fully benefit from AfCFTA. It suggests solutions like simplifying customs procedures, grouping small exporters with similar products (export clusters), and giving more technical support.
The report urges policymakers, regional bodies, and development institutions to act fast and support SMIs so they can compete fairly and grow in the larger African market. With the right help, SMIs can power Africa's industrial transformation and make AfCFTA a real game-changer for the continent's economy.
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