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EABC: East Africa must close value-addition gap

Africa 1 source 1 country 🔦 Under-reported 57m ago

The East African Business Council (EABC) has identified a critical economic shortfall in the region, noting that East Africa loses significant potential revenue by exporting agricultural commodities with minimal processing. Regional agribusiness leaders are advocating for a strategic shift toward value-addition to transform raw produce into higher-value goods.

To achieve this industrial transition, stakeholders are calling for increased investment, improved access to financing, and the implementation of more predictable regional policies. These measures are intended to bolster the agricultural sector and enhance the economic competitiveness of East African exports in the global market.

In-depth summary · AI, neutral
Read the full story at the source Daily News Tanzania (Dar es Salaam, Tanzania) · TZ
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