'The transformative potential of digital readiness for Africa's trade facilitation: The case of Kenya and Ghana

In today’s interconnected global environment, the significance of trade facilitation in propelling international trade and fostering economic growth cannot be overstated. It focuses on creating an environment that promotes smoother, faster, and more cost-effective cross-border trade. When coupled with digital readiness – the ability to leverage technology effectively – it amplifies the efficiency of trade facilitation by enabling automation, improving data exchange, and enhancing supply chain visibility. This research explores the nuanced relationship between digital preparedness and trade facilitation, placing particular emphasis on Kenya and Ghana, which have made significant strides in their digital advancement. By examining their approaches to digital trade facilitation implementation and tracking progress indicators, our research unveils the potential benefits of digital readiness for Africa’s economic advancement and global integration. Valuable insights for African countries emerge from the case studies of Kenya and Ghana. In pursuit of digital readiness, African countries need to prioritise investment in digital infrastructure, streamline customs procedures, establish robust digital payment systems, address digital skills gaps, and improve their regulatory environment. The success of African countries in their efforts toward digital trade facilitation also hinges on critical enabling factors, including strong governmental support, dedicated senior-level champions, seamless cooperation among multiple government agencies, rationalising business processes and fostering regional cooperation.

Link: https://journals.co.za/doi/abs/10.31920/2753-314X/2024/v3n1a6