Pulse.com.gh logo
Go


UK Referendum Brexit could have some benefits to Africa

Producers in Africa have accused the EU of frustrating efforts to add value to their raw materials.

  • Published:
Peter Kisitu writing in Uganda's Monitor Newspaper outlined some benefits Brexit present to Africa. play

Peter Kisitu writing in Uganda's Monitor Newspaper outlined some benefits Brexit present to Africa.

24/7 Live - Subscribe to the Pulse Newsletter!

Brexit is not all gloomy in relation to Africa. The Brooklings Instituted outlined a number ways Africa could suffer from Britain leaving the European Union.

It outlined three areas:

  • It claims the biggest consequence will be Britain ending its engagement with the continent.
  • The institute argues that another area Africa could suffer is in development assistance.
  • Lastly the authors further argued that Brexit could decrease trade volumes between UK and Africa.

However, Peter Kisitu, writing in Uganda's Monitor Newspaper outlined some benefits Brexit present to Africa.

He contends that the EU frustrated Africa's attempts to add value to it raw materials through it trade policies. In addition, he notes that Brexit will allow Britain to re-engage with Commonwealth countries.

"Africa’s efforts to add value to raw materials continue to be frustrated by EU trade policies," he said.

"Leaving the EU would allow Britain to rekindle and re-engage with independent Commonwealth countries, and strike fairer trade deals which would better reflect Britain’s role as a leader of free market," he added.

Do you ever witness news or have a story that should be featured on Pulse Ghana?
Submit your stories, pictures and videos to us now via WhatsApp: +233507713497, Social Media @pulseghana: #PulseEyewitness & DM or Email: eyewitness@pulse.com.gh.

Recommended Articles

Recommended Videos




Top Articles

1 Roshi Motman AirtelTigo CEO resignsbullet
2 Ghana Politics Akufo-Addo fires Lands Commission bossbullet
3 Menzgold Ghana Don't deposit money with Menzgold – BoG cautions...bullet
4 Economy Bawumia must stop misleading Ghanaians over cedi...bullet
5 MTN Ghana Selorm Adadevoh is MTN Ghana’s new CEObullet
6 Shirley Frimpong-Manso and Ken Attoh owe The Royal Bankbullet
7 Salaries In 2018 Here are the dates public workers will be...bullet
8 Menzgold Ghana Investment company closes down its Gold...bullet
9 Economy Of Ghana No profit because of cedi depreciation...bullet
10 First National Bank Ghana launches first-ever cash...bullet

Top Videos

1 Forbes 2018 Africa's billionaires rich listbullet
2 New Discovery Ghana discovers new mineral, lithium in commercial...bullet
3 Money Alert Meet Africa's richest womanbullet
4 Plane Crash Starbow suspends operations following plane crashbullet
5 Bozoma Saint John 10 quotes from Uber top official, Bozoma, that...bullet
6 Support Finance minister buys Kantanka carbullet
7 Tech 6 reasons you should buy an iPhone SE instead of any of...bullet
8 New Phone Nokia’s MWC 2018 Event in Under 10 Minutesbullet
9 Dr Joseph Siaw Agyepong Nobody can collapse my company –...bullet
10 Entrepreneurship How to be resourceful as an entrepreneurbullet

Business