New possibilities for expanding Pan-African commerce

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2025

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University of Cape Town

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This dissertation explores the opportunities and challenges of expanding Pan-African commerce, with a focus on regional trade integration, value chains, social policies, domestic markets, wage-led growth, and the costs and benefits of regional collaboration. The study examines how the African Continental Free Trade Area (AfCFTA) can spur growth and development across the continent, highlighting the transformative potential of structural reforms, industrialisation, and export diversification. Using qualitative research methods, this study employed a snowball sampling technique to identify and engage key stakeholders, including business leaders and trade experts from across the continent. Data was collected through structured questionnaire interviews, enabling an in-depth examination of the core themes. The findings underscore the transformative power of innovative social policies, drawing on successful case studies from Malawi, the East African Community, Rwanda, and Ethiopia. The research advocates for policy reforms that prioritise inclusivity, sustainability, and technological advancement as essential drivers for regional integration. Furthermore, the study highlights the role of wage-led growth strategies in reducing poverty and improving income distribution, with examples from Ghana's National Health Insurance Scheme. Ultimately, the study contributes to a nuanced understanding of Pan-African commerce and offers critical insights into the factors influencing Africa's economic development trajectory. By recognising the importance of social safety nets, industry-specific support, and forward- looking policies, this study contributes to a deeper understanding of the factors shaping Africa's economic future.
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