
The African Centre for Economic Transformation (ACET) has underscored the critical role of robust transnational corridors and enhanced transportation systems in realising the full potential of the African Continental Free Trade Area (AFCTA).
Speaking in a recent interview, Dr. Edward Brown, the Senior Director of Research and Policy at ACET, emphasised the need for a more coherent and coordinated approach to infrastructure development across African nations.
He pointed out that the current model, where individual countries were responsible for their sections of transnational infrastructure, often led to fragmented and incomplete projects due to varying economic conditions and procurement practices.
A transnational perspective was essential for the effective implementation of cross-border transportation, including roads and railways, Dr. Brown said.
“To truly prove the success of AFCTA and boost intra-African trade, we must address the major impediment: The lack of seamless cross-border movement,” he said.
He specifically highlighted the airline industry as a central component of the infrastructure challenge.
The ACET Director addressed the burgeoning automobile assembly industry in Ghana, noting the presence of multiple companies.
He observed that while those companies were strategically positioned to serve the broader sub-region, their success hinged on overcoming logistical hurdles and non-tariff barriers.
“The automobile industry, with its assembly lines here in Ghana, needs the government to act as a facilitator,” Dr Brown.
“Engaging with partner nations to ensure free movement across borders is crucial. This should be a key objective for the government.”
He cited the example of Toyota’s technical support infrastructure at the Airport area, illustrating the potential for positive spillover effects from such investments.
Source: citinewsroom.com