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MWAMBA BEMOAN POOR INTRA-AFRICA TRADE

Emmanuel Mwamba

Zambia's Ambassador to Ethiopia Emmanuel Mwamba

ZAMBIA’s Ambassador to Ethiopia Emmanuel Mwamba has blamed the low intra trade among African countries on lack of industrialization and value addition to products.

Speaking when he officiated at the opening of a coffee processing plant in Addis Ababa on Thursday, Mwamba said African countries have continued to export raw products with little or no value-addition while importing processed and finished goods.

He said Africa trades more with the developed world rather than with itself, to the tune of 86 percent.

The Minister said the coming into effect of the Africa Continental Free Trade Area (AfCTA) would accelerate the industrial and export capacity of countries as an immediate substitute to this trade imbalance.

Mwamba commended Melange Coffee Roasters Limited for setting up a processing plant in Addis Ababa as it would benefit local farmers.

He said the farming sector was the largest employer in Africa and would help resolve the current youth unemployment crisis the continent was facing if agro-processing and value addition investments were vigorously promoted and established.

Mwamba, who also the country’s Permanent Representative to the African Union (AU) took the opportunity to invite the company to Zambia to set up a coffee processing plant there too.

Melange Roasted coffee is one of the largest coffee and coffee powder distribution company with multiple local and international distribution channels.


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