African countries have been urged to increase trade among themselves in order to ensure the continent grows into a notable economy, Nigerian High Commissioner to Kenya Akin Oyateru has said.

The diplomat said there is much potential on the continent and the 10 per cent target that has been achieved so far, can be taken further if various States forge a common trade bond.

“For Africa to survive, it needs to have more intra-trade and this should be encouraged between nations as Europe and Asia can comfortably survive through their trade,” he said.

Mr Oyateru said Europe is doing 60 per cent while Asia is at 50 per cent of trade with themselves. This, he said, Africa needs to adopt.

He said improved intra-trade would enable farmers to get more value for their products once they are exported within the continent.

Mr Oyateru spoke during a courtesy call on Bungoma Governor Ken Lusaka last week where he urged presidents to reach for a common business pact.

Source: Daily Nation

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