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Trading under the African Continental Free Trade Area (AfCFTA)

October 14 @ 8:00 am - 4:30 pm

R4000
Port of Cape Town

Trading under the African Continental Free Trade Area (AfCFTA)

Masterclass overview:

Although intra-African trade is still low, Sub-Saharan Africa is one of the fastest-growing regions in the world and the push for intra-African trade is advancing through the likes of the Tripartite Free Trade Area (TFTA) and the African Continental Free Trade Area (AfCFTA). The AfCFTA Agreement envisages that 90% of products would be traded, duty-free on the continent within ten years. As of January 2022, 41 African Union (AU) member states have ratified The Agreement. As The Agreement shifts into its operational phase, South African industrialists need to consider what potential opportunities this agreement will provide in the next 2 to 3 years. They should be informed by what key milestones to look out for and how to respond to the potential opportunities.

In a context where industrialisation and specifically the growth of the manufacturing sector, remain the key mechanisms enabling developing countries and emerging economies to improve their economic and social welfare, the purpose of this course is to explore economic trade trends across the continent and to understand how policy dynamics such as those related to the AfCFTA might influence future developments. The masterclass explores trade strategy options facing those firms seeking to work with the emerging manufacturing ecosystem on the continent.

This one-day masterclass will begin with an overview of the African trade environment, including an overview of trade agreements, trade barriers and trade facilitation measures available to manufacturers. Practically, this masterclass will introduce executives to various approaches to utilise when analysing African markets (covering both the import and export markets) and how to develop regional export strategies to take advantage of manufacturing opportunities on the African continent.

The masterclass will be facilitated by Mbongeni Ndlovu, the Illovo Head of African Trade and Industrialisation at TWIMS, with guest lectures from former Minister of Trade and Industry, Alec Erwin, and trade advisor, Donald MacKay.

Learning outcomes:

The day is structured to ensure all participants:

  • Understand how evolving trade patterns are linked to industrialisation
  • Understand the trade environment in Africa, with a focus on the AfCFTA
  • Are able to evaluate the challenges of trading in Africa
  • Understand the importance of analysing trade flows and selecting attractive export markets and markets to source from
  • Are able to use results from our analysis to develop regional export strategies and opportunities into Africa

Participants will receive a TWIMS African Trade Masterclass Attendance certificate.

 

Who should attend? 

Senior manufacturing managers and executives and public-sector executives with manufacturing portfolios. The masterclass will be taught at a post-graduate level.

Masterclass facilitator:

The masterclass is facilitated by Mbongeni Ndlovu, the Illovo Academic Head of African Trade and Industrialisation at TWIMS. Mbongeni’s specialisations include development economics, industrial policy and African studies. As a consultant and development economist, he has 7 years of experience in policy research and analysis, monitoring and evaluation, impact assessment evaluation, and strategy development. His research has focused primarily on the automotive, clothing and footwear industries. Most recently, he has contributed to the development of a Sub-Saharan African Automotive Pact model; South Africa’s Clothing, Textiles and Footwear Masterplan; and South Africa’s Yellow Metals Masterplan. Mbongeni holds an MSc in African Studies and an MSc in Economics for Development both from the University of Oxford.

Mbongeni Ndlovu

Guest Speakers:

Alec Erwin

Alec Erwin has held senior positions in the South African government and labour and political organisations as well as in international trade institutions. He served as Minister of Public Enterprises (2004 – 2008), Minister of Trade and Industry (1996 – 2004) and Deputy Minister of Finance (1994 – 1996). As minister of Trade and Industry, Alec has architected South Africa’s current industrial development policy, which saw the implementation of the Industrial Development Zones (IDZ) and the Special Economic Zones (SEZ) to promote national economic growth and exports, to attract targeted foreign and domestic investments. Alec Erwin is currently the Director, Ubu Investment Holdings (Pty) Ltd and is advising the AfCFTA secretariat on various strategic issues regarding the implementation of the AfCFTA.

Mbongeni Ndlovu

Donald Mackay

Donald founded XA Global Trade Advisors in 2003, after leaving Deloitte’s Tax Division. XA is the largest specialised trade consultancy in South Africa, working on many of the complex trade policy and compliance issues. The company’s clients are typically large listed or unlisted companies, both in South African and across the world (mostly in Europe, but also the USA, China, and New Zealand). He previously spent 7 years at Deloitte, working in corporate finance, corporate risk management and international trade advisory (part of tax).

Mbongeni Ndlovu
Masterclass cost:

The masterclass cost is R4,000 per participant. This is fully inclusive of all refreshments, teas, and lunch on the 8th of September, as well as all stationery. The cost excludes accommodation.

Venue and accommodation:

The masterclass is run at the TWIMS campus, 74 Everton Road, Kloof. Accommodation is available on-site at an additional cost. Visit our page here for further details. 

Details

Date:
October 14
Time:
8:00 am - 4:30 pm
Cost:
R4000
Event Category:

Venue

TWIMS Campus
74 Everton Road, Everton
Durban, Kwa Zulu Natal 3610 South Africa
Phone:
031 767 5202

Organizer

TWIMS
Phone:
031 767 5202
Email:
andrea.govender@twimsafrica.com