NEPAD launches the MoveAfrica initiative, to bring down soft hurdles to continental trade

Today I feel honored to announce the launch of the MoveAfrica Initiative that aims to support the transformation of Africa’s trade by addressing soft issues related to cross-border transport and logistics challenges on the continent.

Indeed, we cannot hope for the industrialization of our continent without functional transport infrastructure. This requires not only a quantitative improvement of our infrastructure, but also a radical simplification and harmonization of regulatory conditions and procedures of business on the continent. For instance, it is staggering that an African businessman cannot move without a visa across the continent. This is why we are targeting in particular the laws governing cross-border transport, the regulations for crossing the border (eg. customs clearance, quarantine), and the systems and organizational resources for the operation and maintenance of “hard” infrastructure.

Current estimates indicate that the volume of trade in sub-Saharan Africa will more than triple, from 102.6 million tonnes in 2009 to 384 million tonnes by 2030, if trade corridors are completed. Thus it is essential to drive down costs and to increase efficiency for logistics companies and manufacturers in varied industries operating in Africa !

To achieve that, the MoveAfrica Initiative will kick-off key activities such as a consolidated stakeholder annual report to rank and track the continent’s ability to move goods and services, an annual stakeholder roundtable briefing, and a consultative group of business thought leaders on improving transport and logistics in Africa. The Initiative will be conducted through the process of planning, implementation and evaluation, based on intensive dialogue among a variety of key partners from public and private sectors at the highest level.

The MoveAfrica Initiative is part of the Continental Business Network (CBN). The CBN acts as an exclusive high-level private sector forum on Infrastructure Investment. It provides thought leadership on a range of strategic issues and is powered by high- level business people as well as public institution leaders.

To learn more about the program, please follow us on the Twitter accounts of NEPAD and World Economic Forum (#MoveAfrica #IndustrializeAfrica).

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