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WEF 2022: Digital reforms of customs may increase intra-African trade

The report, Growing Intra-Africa Trade through Digital Transformation of customs and borders, presented on Tuesday at WEF 22 annual meeting called for more integrated digital reforms

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Reduction of non-tariff barriers, including border and customs administration, could lead to trade gains in Africa of $20 billion a year, a new report released by the World Economic Forum (WEF) at the Annual Meeting in Davos stated.

The report, Growing Intra-Africa Trade through Digital Transformation of customs and borders, presented on Tuesday called for more integrated digital reforms that can drive higher impact through public-private partnerships that sets the course for Africa’s post-pandemic recovery and growth.

Written in collaboration with Deloitte, it was presented at the convening of the Forum Friends of the Africa Continental Free Trade Area (AfCFTA),

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First Published: May 25 2022 | 1:35 PM IST

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