>>
Home / Knowledge / News / Textiles / 'Continental free trade area to boost e-com in Africa'

'Continental free trade area to boost e-com in Africa'

24
Dec '18
Opportunities abound for Africa to engage in and benefit from e-commerce and the digital economy as the African Continental Free Trade Agreement (AfCFTA) comes into force, as discussed at the UNCTAD Africa E-commerce Week in Nairobi. UNCTAD secretary-general said that global e-commerce has grown phenomenally, but even so, it remained constrained.

The high-level dialogue on trade and the digital economy in Africa addressed challenges such as the persisting infrastructure gap and the digital divide, inadequate regulatory and institutional frameworks, a weak enabling environment, and limited skills of both producers and consumers of digital products.

More than 1,000 participants from 48 countries shared their experiences and success stories for leveraging e-commerce for the development of African economies.

The session, organised by UNCTAD, United Nations Economic Commission for Africa (UNECA), and the African Union, was moderated by Julie Gichuru, founder and chief executive officer of Arimus Media, and broadcast on YouTube and Facebook.

"It’s very clear that e-commerce and the digital economy do not happen by accident but as a result of purposeful actions. Governments must create a policy framework, invest in the right skills, protect the integrity of payment systems, and construct roads and delivery networks," UNCTAD secretary-general Mukhisa Kituyi.

European commissioner for the Digital Single Market and vice president of the European Commission Andrus Ansip said that it was important that mistakes made in the European Union were not copied in Africa. "Affordable connectivity is the first precondition of building the digital economy, he said. Europe’s new General Data Protection Regulation (GDPR) was now seen as a model of how to protect personal data online."

Ansip said that Africa was full of creativity and it was important for governments on the continent to retain its entrepreneurs.

Stephen Karingi, director of the Capacity Development Division of the United Nations Economic Commission for Africa (UNECA), said the African continental free area, foreseen by the AfCFTA, will require half of Africa to obtain a legal identity. This was a prerequisite of forming well-functioning e-commerce markets, he said.

"The continental free trade area will offer opportunities of scale and the free movement of people, goods and services," he said.

"There is a massive upscaling of citizens and governments needed to move from an analogue to a digital world. Digitalisation is actually a form of democratization and returns agency from states to people. Africa is in a good place because it is full of entrepreneurs," Claire Messina, deputy executive director of the United Nations Secretary-General's High-level Panel on Digital Cooperation.

"Drinking water, roads, democracy – all of them deserve your attention, but Africans have the same dreams as people in my country, Estonia. We have made it. It is possible! You have to believe that you can be the best in the world," added Messina. (RR)

Fibre2Fashion News Desk – India


Must ReadView All

Pic: Shutterstock

Textiles | On 26th Jan 2022

Vietnam-US trade hits $111.56 bn in 2021

Vietnam-US trade hit $111.56 billion in 2021, up by nearly $21...

Pic: Shutterstock

Textiles | On 26th Jan 2022

Turkey using less coal, hydropower; use of renewables, gas up: Ember

The use of coal and water for energy in Turkey reduced in 2021, while ...

Pic: Bangladesh Parliament Secretariat/Facebook

Apparel/Garments | On 26th Jan 2022

Trade Organisation Bill, 2022, introduced in Bangladesh parliament

The Trade Organisation Bill, 2022, aimed at allowing foreign traders...

Interviews View All

Textile Industry, Head Honchos

Textile Industry
Head Honchos

Increase foreign exchange and create jobs

Vandana Narang, National Institute of Fashion Technology

Vandana Narang
National Institute of Fashion Technology

Campus placements are low due to lockdowns

Textile Industry, Head honchos

Textile Industry
Head honchos

Liquidity is a primary issue in Indian context

Rajat Kapoor,

Rajat Kapoor

Seraphine is a British maternity brand providing affordable luxury fashion ...

Atul Ganatra,

Atul Ganatra

<div>Engaged in providing a wide range of services to the entire cotton...

Mumin Can Eker,

Mumin Can Eker

Maseksport Inc is a readymade garment exporter. Founded in Izmir in 1989,...

Michaela Griggs & Peggy Schulz, Barco Uniforms

Michaela Griggs & Peggy Schulz
Barco Uniforms

Founded in 1929, Barco Uniforms started as an apparel company for beauty...

Michael Jaenecke, Messe Frankfurt

Michael Jaenecke
Messe Frankfurt

From May 14 to 17, international exhibitors will present the entire...

Daniel Odermatt, Ventile

Daniel Odermatt
Ventile

Ventile is a registered trademark used to brand a special high-quality...

Raghavendra Rathore, Label Raghavendra Rathore Jodhpur

Raghavendra Rathore
Label Raghavendra Rathore Jodhpur

Being one of the first designers to use the "Brand India" positioning for...

Megha Kumari & Jigar Mali, Label Megha & Jigar

Megha Kumari & Jigar Mali
Label Megha & Jigar

New Delhi based label Megha &amp; Jigar blends India's unique handcrafts...

Kamal Khushlani, Mufti

Kamal Khushlani
Mufti

Based out of Mumbai, Mufti is a men’s clothing fashion brand. In an...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

Leave your Comments

ESTEEMED CLIENTS

Tommy Hilfiger
THE BOMBAY DYEING ;& MFG.CO. LTD
Abit
Restoque S.A.
Under Armour Global Sourcing Ltd
Midas Clothing Limited
The LYCRA Company Singapore  Pte. Ltd
Boardriders Asia Sourcing Limited
SYNERGIES HONG KONG LIMITED
Splash
Chori Company Limited
Vardhman Textile Ltd
C;&A Sourcing International Ltd
Sportmaster Ltd.
Varner AS Retail
Gloria Jeans
Deckers Outdoor (Guangzhou) Consultant Co., LTD.
Page Industries Limited (Bangalore)
IKEA of Sweden AB
Green Fibre
Huntsman (Singapore) Pte Ltd
Puma
KIABI
Benetton Group
Helly Hansen Far East Ltd
Lacoste (Wanchai)
Tchibo GmbH
Desigual - ABASIC, S.A.
T.T. Limited
Aramark Uniform ;& Career Apparel, LLC
J ;& P Coats
Seasalt Limited
Reiter India Private Limited
Bluestem Global Sourcing Limited
Hirdaramani International Export Private Limited
John Varvatos
Lenzing Aktiengesellschaft
KAS Direct Sourcing
Grasim Industries Limited
Sateri (Jiujiang) Fiber Co.,Ltd
Maceton Limited
Tory Burch Hong Kong Ltd
Arvind Limited
PVH Corporation
Lifestyle
Amazon China
The Top Form Brassiere Manufacturing Company Limited
OVS Hong Kong Sourcing Ltd.
Truetzschler India Private Limited
MAS Active / MAS Kreeda / MAS Bodyline
Sportswear Company Spa
Sainsbury's Argos Asia Limited
BIMBA ;& LOLA SL
BIRLA CENTURY A DIVISION OF CENTURY TEXTILES AND INDUSTRIES
Permoda(Koaj/Armi/Pronto/Bkul)
Rosset ;& Cia Limited
Alix Partners
Eastman Chemical Company
Gap International Sourcing Limited
SHAHI Exports Pvt Ltd
NITI Aayog
Recron Polyester from Reliance Industries Limited
Lisa S.P.A.
H;&M Hennes ;& Mauritz (Far East) Ltd
HYOSUNG CORPORATION INDIA PRIVATE LIMITED
Guess Europe Sagl,
Groz-Beckert East Asia LLP
LC Waikiki
Aquarelle Clothing Limited
Asos
Gokaldas Exports Limited
Babyshop
Esprit Europe Services GmbH
Brandix Lanka Limited
Cat Tuong Real Estate Group Joint Stock Company
Calvin Klein
TESCO INTERNATIONAL SOURCING LIMITED
G-Star Raw C.V.
IDH – The Sustainable Trade Initiative
International Textile Manufacturers Federation
Walmart
Gatsby Africa
Landmark Group
Hela Clothing Pvt Ltd
Etam Group Strategy Hong Kong Limited
Chico’ FAS
Target Corporation (MN)
Alison Hayes Romania
Rayonese Textile Inc., Division de Culp Inc.
Phong Phu international JSC (PPJ)

January 2022

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.


Advanced Search