Monthly Archives: January 2023

international trade has the power to transform economies, reduce poverty and increase prosperity in Africa. However, we have also stressed that African exporters face unique challenges when engaging in international trade that require export assistance. Overcoming the challenges African exporters face in the global market is in the best interests of governments, the private sector and most importantly, all people living under the poverty line.
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Over the course of the last three years, the Trade Forward Southern Africa programme has engaged in multiple initiatives to support economic development in Southern Africa. One such initiative that we are incredibly proud of is the TFSA School of Export. This article will explain a little more about how the TFSA School of Export supports trade from Africa and what we have in store next for the exporter community.
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The global trade environment has experienced shock after shock in the last few years that has created a difficult international marketing environment. For example, the sudden and unforgiving onset of the covid-19 pandemic ravished international supply chains, and Russia’s devastating invasion of Ukraine severely dented hopes of a strong international recovery.
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Trade finance is a broad term used to refer to the financial products used by businesses to facilitate international trade. Trade finance enables exporters and importers to conduct international business, manage cashflow and finance critical tasks, such as product or manufacturing adaptations. Thus, access to trade finance is essential to a country’s participation in international trade. When a country or region has a high demand for trade finance but lacks access to the appropriate financial instruments, a “trade finance gap” exists. In this article, we explore trade finance in Africa.
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International trade refers to all the processes and activities involved in trading goods and services from one country to another. In simple terms, international trade is buying and selling goods and services across borders. However, the motivation for international trade, the mechanisms used to trade international and the impact international trade has on the world are far more complicated. This article will explore why international trade is important and outline why it is essential for Africa.
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Throughout our international marketing and international trade environment articles, we have stressed the significant opportunities facing African exporters. However, several challenges are impacting the growth of exports from Africa, and any new entrant to international trade must be aware of them. This article will outline three distinct challenges facing businesses exporting from Africa.
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Whether you are exporting from South Africa, Botswana, Namibia, Mozambique, Lesotho, or Eswatini, you could positively contribute to your country's economic development and prosperity by engaging in International Trade. However, a positive contribution to development requires that you succeed in your international trade objectives.
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