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Intra-African Trade Key to Shielding Continent from External Shocks
Intra-African Trade Key to Shielding Continent from External Shocks
Sputnik Africa
Intra-African Trade Key to Shielding Continent from External Shocks 07.08.2025, Sputnik Africa
2025-08-07T17:39+0200
2025-08-07T17:39+0200
2025-08-07T18:30+0200
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Intra-African Trade Key to Shielding Continent from External ShocksStrengthening intra-African trade is vital to protect the continent from Western economic coercion, Ronney Ncwadi, an economics professor at Nelson Mandela University in South Africa, said in an interview with Sputnik Africa. Amid anticipated US tariffs targeting some African countries, including South Africa, Prof. Ncwadi urged African nations to dismantle trade barriers, boost infrastructure, and develop regional supply chains in agro-processing, renewables, and pharmaceuticals."We have a lot minerals under our soil, and we have the riches and the wealth. So we need to capitalize on that and start really having inward-looking policies where we say, what is it that we can do ourselves to free ourselves from economic domination by the Western powers?" he noted.Prof. Ncwadi highlighted that intra-African trade remains below 20% due to border delays, poor ports, and conflicting regulations. According to the expert, solutions include:Digitizing customs;Investing in transport corridors; Financing small and medium-sized enterprises.
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Intra-African Trade Key to Shielding Continent from External Shocks
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Intra-African Trade Key to Shielding Continent from External Shocks
2025-08-07T17:39+0200
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Intra-African Trade Key to Shielding Continent from External Shocks
Strengthening intra-African trade is vital to protect the continent from Western economic coercion, Ronney Ncwadi, an economics professor at Nelson Mandela University in South Africa, said in an interview with Sputnik Africa.
Amid anticipated US tariffs targeting some African countries, including South Africa, Prof. Ncwadi urged African nations to dismantle trade barriers, boost infrastructure, and develop regional supply chains in agro-processing, renewables, and pharmaceuticals.
"We have a lot minerals under our soil, and we have the riches and the wealth. So we need to capitalize on that and start really having inward-looking policies where we say, what is it that we can do ourselves to free ourselves from economic domination by the Western powers?" he noted.
Prof. Ncwadi highlighted that intra-African trade remains below 20% due to border delays, poor ports, and conflicting regulations.
According to the expert, solutions include:
Digitizing customs;
Investing in transport corridors;
Financing small and medium-sized enterprises.
