{"id":47230,"date":"2023-11-15T15:42:07","date_gmt":"2023-11-15T15:42:07","guid":{"rendered":"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa"},"modified":"2023-11-15T16:01:29","modified_gmt":"2023-11-15T16:01:29","slug":"ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa","title":{"rendered":"ECOWAS, Afreximbank and UNECA unveil Study on Informal Cross-Border Trade in West Africa"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Liberia. <\/strong><\/span>The Economic Community of West African States (ECOWAS), African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (UNECA) unveiled a study on Informal Cross-Border Trade (ICBT) in the ECOWAS Region at the ongoing 3rd Intra-African Trade Fair in Cairo on November 12, 2023. The study was launched from 2019 to 2023, with the objective of collecting ICBT data along the Abidjan-Lagos Corridor (ALCO) to measure the volume of trade.<\/p>\n<p>In her statement at the unveiling ceremony, Mme Massandje\u0301 Toure-Liste, the Commissioner for Economic Affairs and Agriculture of the ECOWAS Commission, highlighted that in view of the importance of informal trade, the ECOWAS Commission established the Informal Trade Regulation Support Program (PARCI\/ITRSP) to leverage the informal sector for increased intra-regional trade.<\/p>\n<p>While delivering his keynote address, Mr. Albert Muchanga, the Commissioner for Economic Development, Trade, Tourism, Industry and Minerals of the African Union, underscored the importance of mainstreaming ICBT to formal Intra-African Trade, as he said up to 60% of Intra-African trade may be unrecorded.<\/p>\n<p>The study which was carried out in Benin, Burkina Faso, Ghana, Nigeria and Togo over a period of four (4) months found out that about $22.8 million volume of informal trade is carried out on the corridor, with women accounting for 74% and men 26%.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/liberia\">Liberia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Liberia. The Economic Community of West African States (ECOWAS), African Export-Import Bank (Afreximbank) and the United Nations Economic Commission for Africa (UNECA) unveiled a study on Informal Cross-Border Trade (ICBT) in the ECOWAS Region at the ongoing 3rd Intra-African Trade Fair in Cairo on November 12, 2023. The study was launched from 2019 [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":47229,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[233,237,234],"class_list":["post-47230","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-liberia","tag-liberia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>ECOWAS, Afreximbank and UNECA unveil Study on Informal Cross-Border Trade in West Africa - Liberia<\/title>\n<meta name=\"description\" content=\"The Economic Community of West African States (ECOWAS), African Export-Import Bank (Afreximbank) and the United Nations ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"ECOWAS, Afreximbank and UNECA unveil Study on Informal Cross-Border Trade in West Africa\" \/>\n<meta property=\"og:description\" content=\"The Economic Community of West African States (ECOWAS), African Export-Import Bank (Afreximbank) and the United Nations ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa\" \/>\n<meta property=\"og:site_name\" content=\"Liberia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2023-11-15T15:42:07+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2023-11-15T16:01:29+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/11\/sm_1700051391.235584.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"666\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"ECOWAS, Afreximbank and UNECA unveil Study on Informal Cross-Border Trade in West Africa\",\"datePublished\":\"2023-11-15T15:42:07+00:00\",\"dateModified\":\"2023-11-15T16:01:29+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa\"},\"wordCount\":229,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/liberia\/sites\/37\/2023\/11\/sm_1700051391.235584.jpg\",\"keywords\":[\"Africa Press\",\"Africa Press-Liberia\",\"Liberia\"],\"articleSection\":[\"all news\",\"economy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa\",\"url\":\"https:\/\/www.africa-press.net\/liberia\/all-news\/ecowas-afreximbank-and-uneca-unveil-study-on-informal-cross-border-trade-in-west-africa\",\"name\":\"ECOWAS, Afreximbank and UNECA unveil Study on Informal Cross-Border Trade in West Africa - 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