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Africa Export Competitiveness Report 2023

Harare
Zimbabwe
20 Sep, 2024

Abstract

This report delivers a comprehensive analysis of Africa's export potential, highlighting both opportunities and challenges. It provides valuable insights into high-growth sectors, emerging trends, and actionable recommendations aimed at enhancing Africa's export capabilities. The report underscores the critical role of private sector development in driving economic growth and job creation. It emphasizes the necessity of fostering an enabling environment for businesses, particularly SMEs, to capitalize on export opportunities, especially under the AfCFTA framework. Central themes include technical assistance and capacity development, with a focus on building skills and knowledge within African governments, institutions, and individuals to boost their international trade participation and competitiveness. Released at a pivotal moment, this report aligns with strategic priorities in infrastructure, trade financing, agricultural value chains, and support for women and youth entrepreneurship. It offers insights to guide future interventions, tackle challenges, and leverage opportunities for sustainable economic growth across the continent. The report was produced by BADEA together with partners, including the African Capacity Building Foundation (ACBF), Shared Value Africa Initiative (SVAI), and the Institute for Competitiveness.

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Thomas Kwesi Quartey

ACBF has been granted the status of a specialized agency because of the potential to transform Africa through capacity development.


H.E. Thomas Kwesi Quartey, Deputy Chairperson, AU Commission
Erastus Mwencha

The recognition of ACBF as the African Union’s Specialized Agency for Capacity Development launches the beginning of a new era for capacity building by ACBF, which will require an appropriate level of political commitment and financial support from all stakeholders.


H.E. Erastus Mwencha, Chair, ACBF Executive Board
Lamin Momodou

The remarkable achievements ACBF has registered over the past 26 years is not by accident in our opinion. They have come through hard work, dedication, commitment, purposeful leadership, support from the member countries as well as productive partnership building.


Mr. Lamin Momodou MANNEH, Director, UNDP Regional Service Centre for Africa
Goodall Gondwe

Africa needs ACBF as much, probably more now, than at the time it was created in 1991.


Hon. Goodall Gondwe, former Chair of the ACBF Board of Governors and Minister of Finance – Malawi
Ken Ofori Atta

Ghana’s partnership with ACBF is a tremendous blessing for us and therefore the opportunity for Ghana to host the 26th ACBF Board of Governors Meeting is something that we treasure.


Hon Ken Ofori Atta, Chair of the ACBF Board of Governors and Minister of Finance - Ghana
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