Question: Develop a data - driven Africa export strategy for a company poised to benefit from the AfCFTA. Impress the board with your insights and recommendations.
Develop a datadriven Africa export strategy for a company poised to benefit from the AfCFTA. Impress the board with your insights and recommendations.
Challenge: Choose a real company operating in South Africa that can leverage the African Continental Free Trade Area AfCFTA to expand its reach. Act as consultants, advising the company's board on:
Target market: Select a specific African country based on a strong rationale considering market potential, alignment with the company's offerings, and AfCFTA benefits.
Design a comprehensive export strategy addressing:
HS code identification: Classify the chosen products under the Harmonised System code.
Risk assessment: Evaluate financial and operational risks associated with entering the target market.
Export market potential: Quantify the untapped export market gap available.
Market access: Analyse tariff and nontariff barriers they might face.
Product compliance: Ensure their product meets quality and safety standards in the target country.
Export incentives: Research available government support programs and how they can access these.
Competitive landscape: Identify and assess existing competitors in the target countries.
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