• Home
  • Agric
  • Sci & Tech
  • Health
  • Environment
  • Hausa News
  • More
    • Business/Banking & Finance
    • POLITICS
    • Entertainments & Sports
    • International
    • Investigation
    • Law & Human Rights
    • Africa
    • ACCOUNTABILITY/CORRUPTION
    • Hassan Gimba
    • Column
    • Prof. Jibrin Ibrahim
    • Prof. M.K. Othman
    • Defense/Security
    • Education
    • Energy/Electricity
    • Entertainment/Arts & Sports
    • Society and Lifestyle
    • Food & Agriculture
    • Health & Healthy Living
    • International News
    • Interviews
    • Investigation/Fact-Check
    • LAW & HUMAN RIGHTS
    • Oil & Gas/Mineral Resources
    • PRESS FREEDOM/JOURNALISM/PR
    • General News
    • Presidency
  • About Us
    • Contact Us
    • Board Of Advisory
    • Privacy Policy
    • Ethics Policy
    • Teamwork And Collaboration Policy
    • Fact-Checking Policy
    • Advertising
  • Media OutReach Newswire
    • Wire News
  • The Stories
Facebook Twitter Instagram
Trending
  • BOA introduces strict data-driven credit profiling for farmers
  • ADP urges farmers to utilise extension services for higher yields
  • NESREA uncovers illegal donkey slaughter abattoirs in Adamawa
  • Former APWEN Chair, Eterigho, addresses global engineering conference
  • NHIA introduces 1 hour authorisation approval limit
  • EFCC doctor warns pregnant women against eclampsia
  • ESWAMA warns violators of monthly sanitation exercise
  • Oluremi calls for collective action against drug abuse
Facebook Twitter Instagram YouTube
AsheNewsAsheNews
  • Home
  • Agric

    BOA introduces strict data-driven credit profiling for farmers

    June 26, 2026

    ADP urges farmers to utilise extension services for higher yields

    June 26, 2026

    NESREA uncovers illegal donkey slaughter abattoirs in Adamawa

    June 26, 2026

    UniCal faculty of agriculture launches commercial palm oil sales

    June 26, 2026

    Kano secures 150 trucks of fertilizer for farmers

    June 26, 2026
  • Sci & Tech

    Former APWEN Chair, Eterigho, addresses global engineering conference

    June 26, 2026

    ISAAA AfriCenter launches Africa-wide biotech, biosafety information portal

    June 25, 2026

    GSMA launches satellite regulatory playbook

    June 24, 2026

    Lagos funds 90 R&D projects, deploys 3,000km fibre network

    June 24, 2026

    FUTA wins 2026 Young Ocean Scholars University Research Competition, gets N10m prize money

    June 23, 2026
  • Health

    NHIA introduces 1 hour authorisation approval limit

    June 26, 2026

    EFCC doctor warns pregnant women against eclampsia

    June 26, 2026

    Oluremi calls for collective action against drug abuse

    June 26, 2026

    Experts identify cannabis, opioids, alcohol as most abused drugs amid rising cases

    June 26, 2026

    Girl Effect vaccinates 26,000 girls against HPV in 5 states

    June 26, 2026
  • Environment

    ESWAMA warns violators of monthly sanitation exercise

    June 26, 2026

    Enugu gov invites global investors for climate projects

    June 26, 2026

    Recycling boom creates jobs for thousands in Lagos

    June 24, 2026

    Nigeria’s national metering rate rises to 57%

    June 23, 2026

    Nigeria’s local petrol production hits 48m litres daily

    June 23, 2026
  • Hausa News

    UNA signs MoU to launch air Bissau in Guinea-Bissau

    June 15, 2026

    Otti plans 250-room 5-star hotel in Umuahia

    April 11, 2026

    Anti-quackery task force seals 4 fake hospitals in Rivers

    August 29, 2025

    [BIDIYO] Yadda na lashe gasa ta duniya a fannin Ingilishi – Rukayya ‘yar shekara 17

    August 6, 2025

    A Saka Baki, A Sasanta Saɓani Tsakanin ‘Yanjarida Da Liman, Daga Muhammad Sajo

    May 21, 2025
  • More
    1. Business/Banking & Finance
    2. POLITICS
    3. Entertainments & Sports
    4. International
    5. Investigation
    6. Law & Human Rights
    7. Africa
    8. ACCOUNTABILITY/CORRUPTION
    9. Hassan Gimba
    10. Column
    11. Prof. Jibrin Ibrahim
    12. Prof. M.K. Othman
    13. Defense/Security
    14. Education
    15. Energy/Electricity
    16. Entertainment/Arts & Sports
    17. Society and Lifestyle
    18. Food & Agriculture
    19. Health & Healthy Living
    20. International News
    21. Interviews
    22. Investigation/Fact-Check
    23. LAW & HUMAN RIGHTS
    24. Oil & Gas/Mineral Resources
    25. PRESS FREEDOM/JOURNALISM/PR
    26. General News
    27. Presidency
    Featured
    Recent

    BOA introduces strict data-driven credit profiling for farmers

    June 26, 2026

    ADP urges farmers to utilise extension services for higher yields

    June 26, 2026

    NESREA uncovers illegal donkey slaughter abattoirs in Adamawa

    June 26, 2026
  • About Us
    1. Contact Us
    2. Board Of Advisory
    3. Privacy Policy
    4. Ethics Policy
    5. Teamwork And Collaboration Policy
    6. Fact-Checking Policy
    7. Advertising
    Featured
    Recent

    BOA introduces strict data-driven credit profiling for farmers

    June 26, 2026

    ADP urges farmers to utilise extension services for higher yields

    June 26, 2026

    NESREA uncovers illegal donkey slaughter abattoirs in Adamawa

    June 26, 2026
  • Media OutReach Newswire
    • Wire News
  • The Stories
AsheNewsAsheNews
Home»Africa»Intra-African trade accounts for only 15 to 20 percent – Ngozi Okonjo-Iweala
Africa

Intra-African trade accounts for only 15 to 20 percent – Ngozi Okonjo-Iweala

NewsdeskBy NewsdeskNovember 8, 2025Updated:November 8, 2025No Comments3 Mins Read
WTO chief Ngozi Okonjo-Iweala discusses Africa’s trade challenges with CNN’s Christiane Amanpour at a Global Perspectives forum hosted by CNN in Geneva
Share
Facebook Twitter LinkedIn Pinterest Email

The Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, has criticised the structural barriers that make it cost about 20 percent more for African countries to trade with each other than with other regions, describing the imbalance as ‘something wrong’.

Speaking in an interview with CNN’s Christiane Amanpour, Okonjo-Iweala said the situation exposed deep inefficiencies in Africa’s trade systems. ‘It costs 20 percent more for us to trade with each other on the continent than with others externally. Something is wrong with that,’ she said.

According to the WTO chief, Intra-African trade accounts for only 15 to 20 percent of the continent’s total trade, compared with over 60 percent within the European Union.

AfCFTA seen as a game changer

Okonjo-Iweala said the African Continental Free Trade Area (AfCFTA) offered the best route to reducing trade barriers and unlocking regional value chains. However, she stressed the need for faster implementation.

‘The AfCFTA is one of the best things we have going on trade,’ she said, urging African leaders to act decisively. She illustrated the inefficiencies with an example from the textile industry: ‘Why don’t we buy this $200 million worth of textiles within the continent? If we’re spending $7bn importing the same kinds of textiles, why should Lesotho have to struggle?’

She said such dependence on imports for products that could be sourced locally undermines industrialisation and weakens domestic job creation.

Invest in skills and technology

Citing International Monetary Fund (IMF) projections that Africa’s economy will grow by around four percent this year and next, Okonjo-Iweala warned that such growth remains insufficient to absorb the continent’s fast-rising population.

‘By 2050, there will be 2.5bn people on the continent—about 22 percent of the world’s working-age population. If this population is skilled, it could be a resource for Africa and the entire world,’ she said.

She emphasised that investing in education, technology, and infrastructure was critical to turning demographic expansion into an economic advantage. ‘You can’t just say we have people, therefore we are rich. They’ve got to be skilled. We’ve got to be up with technology and AI,’ she added.

Optimism amid structural challenges

Despite persistent obstacles such as poor infrastructure, unreliable power, and low digital connectivity, Okonjo-Iweala expressed confidence in Africa’s future. She pointed to the ingenuity of young Africans driving innovation in fintech, agritech, health tech, and the creative sectors as evidence of a promising shift.

Her closing message to African policymakers was pointed: reduce the cost of doing business, empower people through skills and technology, and strengthen systems that enable the continent to trade effectively with itself—or risk forfeiting the benefits of one of the world’s most dynamic markets.

Dr Ngozi Okonjo-Iweala World Trade Organisation
Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
Newsdesk
  • Website

Related Posts

NBS reports rise in food prices for May 2026

June 26, 2026

CBN orders banks to freeze accounts linked to terror financing suspects, BDCs

June 25, 2026

Naira suffers sharpest daily decline since April, closes at N1,389/$

June 25, 2026

Leave A Reply Cancel Reply

BOA introduces strict data-driven credit profiling for farmers

June 26, 2026

ADP urges farmers to utilise extension services for higher yields

June 26, 2026

NESREA uncovers illegal donkey slaughter abattoirs in Adamawa

June 26, 2026

Former APWEN Chair, Eterigho, addresses global engineering conference

June 26, 2026
About Us
About Us

ASHENEWS (AsheNewsDaily.com), published by PenPlus Online Media Publishers, is an independent online newspaper. We report development news, especially on Agriculture, Science, Health and Environment as they affect the under-reported rural and urban poor.

We also conduct investigations, especially in the areas of ASHE, as well as other general interests, including corruption, human rights, illicit financial flows, and politics.

Contact Info:
  • 1st floor, Dogon Daji House, No. 5, Maiduguri Road, Sokoto
  • +234(0)7031140009
  • ashenewsdaily@gmail.com
Facebook Twitter Instagram Pinterest
© 2026 All Rights Reserved. ASHENEWS Daily Designed & Managed By DeedsTech

Type above and press Enter to search. Press Esc to cancel.