TTS - Can African Logistics Startups Benefit from the AFCTA?

2023-10-09

The global logistics market size was $7.98 trillion in 2022 while the total logistics cost in Africa stood at $344.2 billion. If intra Africa trade stands low at just 14.4% of total African exports and UNCTAD forecasts that the AfCFTA could boost intra Africa trade by about 33% and cut the continent's trade deficit by 51%, how can logistics startups benefit? Director of Sales, Stephen Elisha and Chief Operations Officer, Taiwo Fapju, both at ShipAfrica.io, share their expert thoughts on this c...

The global logistics market size was $7.98 trillion in 2022 while the total logistics cost in Africa stood at $344.2 billion.

If intra Africa trade stands low at just 14.4% of total African exports and UNCTAD forecasts that the AfCFTA could boost intra Africa trade by about 33% and cut the continent's trade deficit by 51%, how can logistics startups benefit?

Director of Sales, Stephen Elisha and Chief Operations Officer, Taiwo Fapju, both at ShipAfrica.io, share their expert thoughts on this conversation.

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