Africa missing out on global trade opportunities
Friday, August 19, 2022 | 310 Views |
Holding promise: The AfCTA is seen as key in unlocking the continent’s industrialisation through trade PIC: WWW.AU-AfCTA.ORG
Whilst the bigger economies are putting in place measures to remedy living conditions and boost trade among themselves, Africa seems to be a bit slow in executing its agenda and paramount to this have been issues around corruption and governance.
We need to come to acknowledge how global trade has lifted many countries and their people from poverty, through job creation, industrialisation of sectors and services, and ease of access to affordable products.
Whilst many citizens put trust in their leaders that they are tackling one of the worst curses that can befall a country, the public has lost trust after all the cases seemed not to go anywhere.As the saying goes, ‘corruption is a cancer that eats away at the fabric of society’; corruption affects effective governance.Corruption affects delivery of services to the public and also crumbles most systems meant to assist citizens who are very...