Best Practices in Export Promotion Vanessa Adams USAID Trade Hub
Best Practices in Export Promotion Vanessa Adams USAID Trade Hub
Best Practices in Export Promotion Vanessa Adams USAID Trade Hub
Unprecedented Growth
Between 2000 2010, Africas GDP grew by 4.7% p.a. - twice the pace of its growth in the 1980s and 1990s. Africas collective GDP stands today at $1.6 trillion, or roughly equal to those of Brazil and Russia. Africas Population: 1 billion; SSA: 840 million. ECOWAS 300 million. SSA to hit 2 billion by mid-century. By 2030, SSAs total food and beverage markets to reach $1,000 billion, up from $313 billion, currently. The increase in food consumption and Fast Moving Consumer Goods (FMCG) will mainly occur in cities. 40% of Africans live in cities today. By 2030, Africa will have 50 cities with a population over 1 million. Urban markets will expand 4-X in 20 years. 600 million Africans have cell phones. FDI - $55 B: 5X a decade ago and much more than donor aid.
ECOWAS exports continue to be dominated by minerals, petroleum and primary agriculture. Biggest markets are USA (35.6%) and EU (28.2%) with China and Asia gaining. 2000 - 2007 Intra-ECOWAS trade accounted for only 9.3% of ECOWAS total trade. Rest of Africa a scant 3.5%. This is much less than elsewhere. For example: NAFTA 40% Western European 63% MERCUSOR - 20% On average, Intra-ECOWAS exports account for only 4% of countries GDPs. "The East African Community, which launched a common market in 2010, is doing well; ECOWAS less so." Source: Economist Argument goes that a country & region cannot grow sustainably without intra-regional trade.
High costs of doing business and trade Non-complementarity, non-harmonization Few differentiated goods & services. Multiple national currencies with limited convertibility Different currencies, languages, legal and banking systems Unfulfilled performance of ETLS and ECOWAS Compensation Scheme Resistance to change (governments & companies) Dominance of Informal Cross Border Trade Red tape, in/formal fees, delays at border crossings
People, the Planet and Profit: The triple bottom line a market driven approach to development
Case Study: Global Shea Alliance annual conference connects industry, leverages resources to drive business opportunities
Im learning a lot of things at this job particularly how to supervise employees. I feel like the sky is the limit.
Helinda Tetteh, Quality Control Supervisor, 1888LuckyMills, Tema, Ghana
International Conferences
Communications
14,000-member distribution list for: Newsletters (Tradewinds, ACA, GSA) Brochures Directories & Reports
Communications
Websites
Nine websites to market products and disseminate information
BORDERLESS Campaign Launched March 2010 for: Credible, Visible, Versatile Communication Evidence-based Advocacy
Together We Build
Stakeholder Online Survey Total Responses = 106, including Transport & Logistics Companies, Manufacturers and Donor Partners Covering respondents from 21 countries, including West & Central Africa
Implement single bond & ISRT 12% Simplify Cargo Clearance 16%
Bribes (GHC)
19
Number of controls
Delays (min)
15 103
14 107
15
121
84
Q3-09
Q4-09
Q1-10
Q2-10
Q3-10
Q4-10
Borderless Alliance Secretariat USAID West Africa Trade Hub Accra, Ghana www.borderlesswa.com www.facebook.com/borderlesswa