Safe Trade in Africa

As Covid-19 infection cases continue to increase, East Africa, home to 177 million people with a combined GDP of $194 billion, is vulnerable to further damage from the pandemic. The virus has forced countries in the region to take severe measures, including partial and complete lockdowns, to limit its impact. A significant consequence of these governmental measures has been a sharp reduction in trade as well as an increase in the time and cost of trading across borders.
Regional governments have therefore welcomed this $23 million Emergency Facility (Safe Trade) package, being implemented by TMEA, and supported by Canada, Denmark, the European Union, Finland, Ireland, the Netherlands, and the United Kingdom. 

Key points

The initiative focuses on making ports, borders, and critical supply chains “safe’’ for trade - by mitigating risks for cross-border Covid-19 transmission. Safe Trade aims to ensure the continuation of trade, ensuring borders and supply chains remain open as a necessity, thereby protecting jobs and incomes.

Contact Session organiser

Please feel free to send an email to the following address

anthe.vrijlandt@trademarkea.com

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