Africa's Trade Agreements Fail to Boost Intra-Continent Trade, Study Finds
Trade liberalization policies in Africa have not been successful in promoting trade between African countries. This is due to poor financial market accessibility and political instability in the region, which act as major barriers to trade integration. These factors significantly hinder the long-term growth of trade within Africa, more so than other unobserved obstacles. The study highlights the importance of addressing financial market development and political stability to improve intra-regional trade in Africa.