In the last few years, the desire by foreign investors to come to Africa has been growing. The continent has witnessed a number of international investors announce their intentions to invest in the continent. But even as this happens, trade among African countries is still low.
Barriers to trade continue to limit the growth of trade throughout African regional blocs. Trade barriers such as high tariffs on imports and unnecessary costs on exports have raised consumer prices, undermined predictability of the trade regime, and reduced investment in the region. Read more. Source | East African Business Times