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Trans-Saharan trade is trade between sub-Saharan Africa and North Africa that requires travel across the Sahara. Though this trade began in prehistoric times, the peak of trade extended from the 8th century until the early 17th century CE. The Sahara once had a different climate and environment.
The pre-colonial trade routes and networks in Africa were extensive and sophisticated, connecting various regions of the continent and facilitating the exchange of goods, culture, and ideas. These routes played a crucial role in the development of African civilizations , fostering economic prosperity and cultural exchange long before European ...
The European Fair Trade Association (EFTA), created in 1990, is a network of European alternative trading organizations that import products from some 400 economically disadvantaged producer groups in Africa, Asia, and Latin America. EFTA's goal is to promote fair trade and to make fair trade importing more efficient and effective.
Another important difference between the original and current ideal is that the AFTZ encompasses an area greater than the one even Cecil Rhodes could have imagine. The original Cape to Cairo idea in Cecil Rhodes' time and now under the AFTZ is a free trade zone spanning the whole continent from Cape Town in South Africa to Cairo in Egypt. Cecil ...
Qualitative differences between substitutive products of different production regions may exist due to different legal requirements and quality standards or different levels of controllability by local production- and governance-systems which may have aspects of security beyond resource security, environmental protection, product quality and ...
Programs supported by the African Development Bank (AfDB) in over 30 African countries have helped produce some $12 billion worth of food, and the bank’s $25 billion objective is "well on track ...
The African Continental Free Trade Area (AfCFTA) [11] is a free trade area encompassing most of Africa. [12] [13] [14] It was established in 2018 by the African Continental Free Trade Agreement, which has 43 parties and another 11 signatories, making it the largest free-trade area by number of member states, after the World Trade Organization, [15] and the largest in population and geographic ...
Africa was exploited for commercial purposes because of another Portuguese goal: to find a route to India, which would open the entire Indian Ocean region to direct trade with Portugal. Conquest of territory in Africa also meant that the Portuguese could use African gold to finance travel along this new trade route.