Brexit to benefit African exporters in long-term

Posted on: 01/06/2017

While trade and investment in Africa may decline when the UK leaves the European Union, the long-term effects are expected to be net positive for the continent’s exporters, according to Ecobank Transnational Inc. In the longer term, capital flows are especially likely to increase between the UK and English-speaking countries such as Kenya, Ghana and Nigeria, said Edward George, the head of research at Africa’s most geographically diverse lender. While increased exports of agricultural and mineral products will partly depend on whether the UK develops as a hub for processing, transporting and consuming those products, the biggest opportunities may lie in digital-service and financial-technology collaboration, he said in a phone interview.

Read more...

Link Full Article
Link What Brexit Means
Link Brexit UK’s Empire 2.0 vision for Africa

International Trade Up-dates into your inbox twice a month

What to keep up to date on customs and international trade issues – subscribe to our OneCall service which combines regular practical updates (Did You Know?) and a helpline support service. MORE INFORMATION

Link to sign up for Spotlight

Subscribe to our free information emails covering international trade topics .... Spotlights on key topics SAMPLE

CLICK HERE to subscribe

Links

Import Essentials

Essential Guide to Customs Procedures

Understanding Origin & Preference

What’s New: International Trade Updates – Brexit & UCC Special

Surviving a Customs Audit

The Importers’ Workshop: Advanced Guide to Import Procedures 

 

< Back to our Import and Export News

Contact Strong & Herd
to discuss your requirements
Telephone
0161 499 7000
Fax
0161 499 7100
Strong & Herd LLP, Manchester International Office Centre
Styal Road, Manchester, M22 5WB