#PAGTIC-LA
AFRICA RISING
The Pan African Global Trade and Investment Conference is preparing for a family reunion. As we are set to bring more African's from the continent than we have in our 10 year history. We understand individually and collectively the significance of this time to come together and find ways to re-claim our place in the trade world.
AFRICA RISING
To move beyond the glass ceiling in the US markets, black owned and operated businesses must consider that 95% of their potential new customer base can be found in international markets. Africa has seven (7) of the fastest growing economies in the world, with the youngest workforce and a medium age of 17 years old. Africa is rich in minerals, natural resources and has 80% of the worlds arable land for agriculture. Forging trade relationships with Africa makes sense and they are welcoming us to the table.
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There are 55 countries on the continent of Africa where there are opportunities in every imaginable industry sector. They have the natural resources, we have the talent, experience, and investments to make an impact on the economy and lives of millions of continental Africans and Africans in the Diaspora. Whether it is products or services, global trading with Africa should be an option for your companies growth and expansion.
The Pan African Global Trade and Investment Conference is preparing for a family reunion. As we are set to bring more Africans from the continent than we have in our 10+ year history. We understand individually and collectively the significance of this time to come together and find ways to reclaim our place in the trade world
Regional Economic Communities
Africa's current integration landscape contains an array of regional economic communities, including eight recognized as the building blocks of the African Union.
These eight are namely:
AMU, CEN-SAD, COMESA, EAC,
ECCAS, ECOWAS, IGAD and SADC.
The regional economic communities are expected to serve their member States with the implementation of the regional integration agenda, where the concept of good faith and the resultant observance of treaty obligations are the basis on which member States must make regional integration decisions as well as ensuring their performance and implementation.
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Member States are for either historical, political or economic reasons, generally, members of more than one regional economic community. The map indicates the various combinations of overlapping memberships to the regional economic communities in the continent.
Trade and Market Integration is a Key Pillar
of Economic Development
"Africa is one of the world’s fastest-growing economies, but trade in goods and services accounts for an estimated 3% of global exports and imports on average."
- Peter Mathuki, the EAC Secretary-General
Arab Maghreb Union (AMU)
Members (5)
Algeria, Libya, Mauritania, Morocco, Tunisia
Community of Sahel-Saharan States (CEN-SAD)
Members (29)
Benin, Burkina, Faso, Cabo Verde, Central African Republic, Chad, Comoros, Côte d’Ivoire, Djibouti, Egypt, Eritrea, Gambia, Ghana, Guinean, Guinea Bissau, Kenya, Liberia, Libya, Mali, Mauritania,
Economic Community of West African States (ECOWAS)
Members (15)
Benin, Burkina Faso, Cabo Verde, Côte d’Ivoire, Gambia
Ghana, Guinea, Guinea Bissau, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone, Togo
Intergovernmental Authority on Development (IGAD)
Members (8)
Djibouti, Eritrea1, Ethiopia, Kenya, Somalia, South Sudan, Sudan,
Uganda
Common Market for Eastern and Southern Africa (COMESA)
Members (19)
Burundi, Comoros, DR Congo, Djibouti, Egypt, Eritrea, Ethiopia, Kenya, Libya, Madagascar, Malawi, Mauritius,Rwanda, Seychelles, Sudan, Swaziland, Uganda, Zambia, Zimbabwe
East African Community (EAC)
Members (5)
Burundi, Kenya, Rwanda, Uganda, UR of Tanzania
Economic Community of Central African States (ECCAS)
Members (10)
Angola, Burundi, Cameroon, Central African Republic, Chad,
Congo, DR Congo, Equatorial Guinea, Gabon, São Tomé and Príncipe
Southern African Development Community (SADC)
Members (15)
Angola, Botswana, DR Congo, Lesotho, Madagascar,
Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Swaziland, UR of Tanzania, Zambia, Zimbabwe
