DATASET

Potential effects of the African Continental Free Trade Area (AfCFTA) on African agri-food sectors and food security

Collection: DATAM : Data/Modelling platform of resource economics 

Description

The African Continental Free Trade Area (AfCFTA) agreement, which entered into force at the beginning of 2021, aims to boost intra-African trade and to accelerate economic development on the continent. This report complements previous continental economy-wide assessments of the impacts of the AfCFTA by providing a more comprehensive description of the trade agreement’s effects on food systems and food security. The report employs a global, multiregional model to determine the trade creation and diversion effects of four liberalisation scenarios defined by various policy objectives. The main findings show that the trade agreement will be a positive contributor both to economic growth through higher value added production and to trade diversification. Food consumption across the continent will also increase. A coordinated liberalisation approach to promote trade in agri-food products will further boost food security outcomes. Nevertheless, food prices will increase slightly in most regions, showing the need for further consideration of food affordability aspects in lower-income groups. Results also highlight the importance of non-tariff measures and the capacity of the AfCFTA to reduce the non-tariff costs of intra-African trade.

Contact

Email
emanuele.ferrari (at) ec.europa.eu

Contributors

How to cite

Simola, Antti; Boysen, Ole; Ferrari, Emanuele; Nechifor, Victor; Boulanger, Pierre; Tamošiūnas, Saulius (2021): Potential effects of the African Continental Free Trade Area (AfCFTA) on African agri-food sectors and food security. European Commission, Joint Research Centre (JRC) [Dataset] PID: http://data.europa.eu/89h/5a02d79f-98d9-4aa6-82f4-cd355fd352eb

Data access

Potential Effects of the African Continental Free Trade Area (AfCFTA) on African agri-food sectors and food security
URL 
  • Interactive infographics

Publications

Publication
Potential effects of the African Continental Free Trade Area (AfCFTA) on African agri-food sectors and food security

Geographic areas

Africa

Temporal coverage

From date To date
2020-01-01 2035-12-31

Additional information

Published by
European Commission, Joint Research Centre
Created date
2021-11-25
Modified date
2021-12-09
Issued date
2021-11-23
Landing page
https://datam.jrc.ec.europa.eu/datam/area/PANAP 
Language(s)
English
Data theme(s)
Agriculture, fisheries, forestry and food, Economy and finance
Update frequency
unknown
Identifier
http://data.europa.eu/89h/5a02d79f-98d9-4aa6-82f4-cd355fd352eb
Popularity