Burundi & AfCFTA: What Are the Challenges & Solutions?

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Burundi & AfCFTA: What Are the Challenges & Solutions?

A panel discussion on this topic sparked lively debate at the Burundi Economic Summit. A Sputnik Africa correspondent was on site.

The participants acknowledged that numerous obstacles to genuine free trade still exist:

▪ Food insecurity, which limits export opportunities;

▪ Producers' inability to market their products effectively;

▪ Insufficient attention paid to standardization;

▪ The lack of a strategy to coordinate all stakeholders;

▪ The high risk of wildfires.

The country needs a legal framework "to facilitate access to financing," as well as conditions to persuade "reinsurers to cover more risks," they argued.

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