South-South trade accounted for a quarter of world trade in 2013, its highest level ever. To maintain growth trends, developing and least developed countries need to focus on growth markets in emerging economies. Most of this trade today is taking place within Asia and Latin America.
Panellists explored how African countries can better capitalize on this trend and attract more investment in non-primary sectors, including agro-processing, manufacturing and services. They discussed how SMEs can benefit as suppliers in emerging South-South value chains, and how countries in Africa can retain more value-added as they join global production networks.