<p>The project will strengthen ICDT services on trade intelligence to support the public and private sector from the Organisation of Islamic Cooperation (OIC) to make better informed decisions and, in the long term, to contribute to an increase of trade between OIC Member States through the embedding of Market Analysis Tools, the development of an online Trade Helpdesk and the development of trade-related studies.</p>
<p>This 3-year project aims to promote economic and trade cooperation between China and Africa through participation in the China-Africa Economic and Trade Expo (CAETE) and the Distribution, Trading and Processing Centre (DTPC) of Hunan Province, China.<span> </span>The project will support selected African countries (Ethiopia, Kenya, Madagascar, Mozambique, Rwanda, Uganda and Zambia) to increase export of agriculture and food products to China and attract sustainable Chinese investment with the overall objective to contribute to job creation and poverty reduction in these selected African countries.</p>
<p>To investigate the potential of expanding investment (and trade) linkages between India and Africa, capitalizing on the structural changes and resulting opportunities brought forth by the African Continental Free Trade Area (AfCFTA). </p><p>Will assess constraints and opportunities in each of these four areas and provide concrete recommendations for policy action. In addition, several transversal thematic areas will be probed and emphasized upon – technology and knowledge transfer, south-south cooperation at the institutional level, developing technical capacities, and environmental sustainability. The paper can eventually evolve into a strategic action plan for both policymakers and the private sector in India.</p><p>The objective is to analyze opportunities for enhancing Indian investment in Africa from four perspectives - automotive, pharmaceutical, agro-processing, textile, and renewable energy -with case studies in each to describe working models which may enhance business interest and highlight potential.</p><p>Case studies on investments under Supporting Indian Trade and Investment for Africa (SITA) will also be updated to reflect the current, post-investment operating environment.</p><p><br></p>
The Partnership for Investment and Growth in Africa (PIGA) aims to increase growth and job creation in Ethiopia, Kenya, Mozambique, and Zambia by promoting sustainable Chinese investments in the agro-processing and light manufacturing sectors.
Through PIGA, the International Trade Centre (ITC) has:
Facilitated seven investment deals worth more than $115 million to four PIGA countries. These investment deals generated 2,989 jobs and more than 14,500 committed to future development.
Organized 20 business and investment promotion events and seven roadshows with more than 1,700 African, Chinese, and UK stakeholders participating.
Developed 35 kinds of investment promotion materials with African Investment Promotion Agencies (IPAs).
Trained more than 800 IPA staff to improve their investment promotion services, and customized and implemented a Foreign Direct Investment tracking tool within each IPA.
Developed communication and investment promotion materials for Investment Promotion Agencies.
<p>PIGA is a partnership of the Government of the United Kingdom of Great Britain and Northern Ireland’s Department for International Development (DFID), China-Africa Development Fund (CADFund), China Council for the Promotion of International Trade (CCPIT) and the International Trade Centre (ITC).</p><p>Under this partnership, DFID, CADFund, CCPIT and ITC deliver together a project to increase investment-led exports and local development in two productive sectors, agro-processing and light manufacturing.</p><p>PIGA was officially launched on 22 October 2015 in London, on the sidelines of Chinese President Xi Jinping’s state visit to the UK. PIGA, is a component of Invest Africa, a large DFID programme linking private sector investors, buyers, financiers and governments in several African countries to boost manufacturing and create jobs by increasing foreign direct investment (FDI).</p><p>PROJECT GOAL<span> </span><br>To increased exports, jobs and local development through foreign investments and business partnerships in agro-processing and light manufacturing sectors in Ethiopia, Kenya, Mozambique and Zambia.<span> </span></p><p><br></p><p>To achieve the project goal, the PIGA main phase activities are:</p><p>Facilitate and generate business partnerships between African and Chinese companies <br>-Organizing B2B events, investment awareness seminars and visits of Chinese investors to Africa <br>-Building capacities of African companies to receive FDI and technology transfer <br>-Promote linkages between investors and local suppliers <br><br>Strengthen capacities to deliver investment services <br>-Improve Trade and investment support institutions’ (TISI) investment promotion services <br>-Develop investment guides and online investment information platforms for foreign investors <br>-Improve TISIs effectiveness in measuring and monitoring FDI <br><br>Overcome obstacles to FDI and enable knowledge shared (UK-China-Africa) <br>-Conduct public-private roundtables at national level to address reported challenges by investors <br>-Organize Investment Business Summits and workshop for experience and knowledge sharing <br><br></p><p><br></p>
While multi-dimensional poverty remains high in sub-Saharan Africa, the continent's high growth rates and youthful demographics make it an attractive investment destination. Big opportunities exist to create jobs, boost incomes and reduce poverty by connecting African small and medium sized enterprises (SMEs) to international trade and increasing local value addition to Africa’s assets in agrifood, manufacturing and services. ITC’s emphasis on digital connectivity and the green transition is helping transform digital landscapes across Sub Saharan Africa with our support to tech startups and tech hubs.
We deliver customized solutions for least developed countries (LDCs), enabling them to increase their participation in the global economy and reach development goals through exports. We focus on creating access to digital technologies and capabilities in LDCs, where current internet penetration is at 27%, as this is increasingly critical to ensure opportunities are universally shared. We also assist LDCs in their bid for WTO membership, and support their implementation of WTO agreements.
ITC’s One Trade Africa initiative supports the implementation of the African Continental Free Trade Area (AfCFTA), empowering African enterprises, especially women- and youth-led businesses, to access market opportunities from continental integration. The initiative is an integrated package of technical assistance solutions that ITC is offering to the African business community operating in both the formal and informal sectors.
