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Africa: trade not aid

Categories: Sub-Saharan Africa

African Unchained writes that Africa needs trade not aid [1]……”The best thing that America and Europe can do for Africa is not to give it handouts but to reduce trade barriers and buy the products that Africa is capable of producing competitively — not just agricultural products but also labor-intensive manufactured goods such as textiles…Africa has the trade routes and the potential to industrialize through export-oriented manufactures, but it still faces many formidable difficulties”.