Trade among African countries remains well below potential, though the continent’s largest economies have increased the share of their exports that stays within Africa over the past two decades (see chart, below). The largest African source of capital investment in the continent—South Africa—was only the eighth largest investor in 2014, trailing behind the likes of France, Greece, the United Arab Emirates and China, according to fDi Intelligence.
For intra-African trade to take off, a number of things need to happen. More power supply is needed to support transportation and communications infrastructure. Better transportation, in turn, will support the roll-out of electricity and communications networks.
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