Developing Value Chains in Africa – mapping the soya value chain
The African Continental Free Trade Area (AfCFTA) has ignited and put emphasis on deeper integration and the development of regional value chains in Africa, an important feature of the AfCFTA Agreement which aims to boost intra-Africa trade through reducing the time and cost of transacting across borders, enabling resources and skills to be shared across the continent, creating new market opportunities, and an enhancing regulatory environment for business.
Africa’s majority population is highly dependent on agriculture for food security, incomes, and employment. Therefore, the promotion of agro-value chains is key to the development of most African economies. In this regard, analysis of agro-value chain is essential to an understanding of markets, their relationships, the participation of different actors, and the critical constraints that limit the growth of agricultural production and consequently the competitiveness of farmers.
This Trade Report focuses on the soya value chain (SVC), which is one of the 10 value chains identified by the United Nations Development Programme (UNDP) and the AfCFTA Secretariat’s 2021 Futures Report titled “Which Value Chains for a Made in Africa Revolution.” Other value chains identified include Automotives; Leather and Leather Products, Cocoa; Textiles and Apparel; Pharmaceuticals; Vaccine Manufacturing; Lithium-Ion Batteries; Mobile Financial Services; and Cultural and Creative Industries.
See a related Factsheet here.
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