Nov 27, 2012, 11:08 AM
Under-Secretary-General and Executive Secretary of the United Nations Economic Commission for Africa – ECA said this week that although Aid for Trade in
Gambian born Abdoulie Janneh made this remark at the Third Aid for Trade Global Review held this week in
He elaborated on progress documented in an ECA-led study: “African Case Stories: A Snapshot of Aid for Trade on the Ground in
“Since the AfT Initiative was launched in the Hong Kong Ministerial Meeting in 2005,
The study’s baseline period (2002-2005) shows the momentum of increasing commitments and disbursements has been sustained, with the structure of allocations remaining the same.
“The latest AfT statistics also show us that in 2009 Africa surpassed
Although AfT continues to be primarily channeled to infrastructure, a growing share of commitments is going to building trade capacities and trade policy and regulations. This progress, according to Janneh, is promising - largely because AfT is increasingly matching expectations in the continent and all partners are showing strong willingness in supporting the initiative.
Janneh pointed out that AfT aimed at projects with a regional dimension “is on the rise, with an emphasis on economic infrastructure, building productive capacities and trade facilitation.” “More interventions are urgently needed to overcome the short and long term constraints,” he said.
He however, noted, that it has been difficult to target greater employment, diversification or positive gender or poverty impacts through AfT interventions.
“It is still too early to measure actual results and improved M&E mechanisms and tools are needed in order to fine-tune AfT responses to desired outcomes,” he cautioned, and added that ECA remains committed to conduct more work through our African Trade Policy Centre (ATPC).