AfricaCoronavirusEconomyNewsInformal Trade and Impact of COVID-19 Key Features of 2020 African Trade Report
The African Trade Report, produced annually by the African Export-Import Bank (Afreximbank), will be launched on 15th December. This year’s report focuses on Informal Cross Border Trade (ICBT) and provides ground-breaking insights into the scale, composition and approaches to informal cross border trade in Africa. It is estimated that the formalisation of informal cross border trade could potentially increase official trade numbers by between 30-50%, depending on the region. “ICBT has been a key contributor to...










