Investment & Properties

UK unveils new trade reforms to boost African exports, intra-continental trade

African exporters and entrepreneurs are set to benefit from a new package of trade reforms unveiled by the United Kingdom, aimed at simplifying access to the UK market and strengthening economic ties with developing countries.

The reforms, announced on July 10, 2025, are part of an upgrade to the UK’s Developing Countries Trading Scheme (DCTS) and include simplified rules of origin.

This change will allow African countries, even those further up the value chain like Nigeria, to source production inputs from across the continent while maintaining tariff-free access to the UK market.

The UK government says the move is expected not only to boost trade with Britain but also to enhance intra-African trade by supporting the development of regional supply chains, thereby helping to unlock the $3.4 trillion potential of the African Continental Free Trade Area (AfCFTA).

Last year alone, goods worth over £3.2 billion imported into the UK from African countries benefitted from preferences under the UK’s development trading arrangements.

Speaking at the launch, UK Minister for Development Jenny Chapman said the new reforms reflect a changing global dynamic.

“The world is changing. Countries in the Global South want a different relationship with the UK as a trading partner and investor, not as a donor.

These new rules will make it easier for developing countries to trade more closely with the UK. This is good for their economies and for UK consumers and businesses.”

UK Minister for Trade Policy Douglas Alexander also emphasised the importance of trade in development, “No country has ever lifted itself out of poverty without trading with its neighbours. Over recent decades, trade has been an essential ingredient in lifting hundreds of millions of people out of poverty around the globe.”

In addition to the rules of origin reform, the UK will also:

Provide targeted support to help African exporters meet UK product standards and navigate complex customs procedures.

Facilitate trade in services, including digital, legal, and financial services, by strengthening future trade agreements with partner countries.

The updated rules form part of the UK’s broader Trade for Development initiative, which aims to support economic growth in developing countries while helping UK businesses and consumers access high-quality, affordable goods.

The reforms are also in line with the UK’s new Trade Strategy, which prioritises global partnerships and access to fast-growing, future-oriented markets.

Source: www.ghanaweb.com

Ogyem Solomon

Solomon Ogyem – Media Entrepreneur | Journalist | Brand Ambassador Solomon Ogyem is a dynamic Ghanaian journalist and media entrepreneur currently based in South Africa. With a solid foundation in journalism, Solomon is a graduate of the OTEC School of Journalism and Communication Studies in Ghana and Oxbridge Academy in South Africa. He began his career as a reporter at OTEC 102.9 MHz in Kumasi, where he honed his skills in news reporting, community storytelling, and radio broadcasting. His passion for storytelling and dedication to the media industry led him to establish Press MltiMedia Company in South Africa—a growing platform committed to authentic African narratives and multimedia journalism. Solomon is the founder and owner of Thepressradio.com, a news portal focused on delivering credible, timely, and engaging stories across Ghana and Africa. He also owns Press Global Tickets, a service-driven venture in the travel and logistics space, providing reliable ticketing services. He previously owned two notable websites—Ghanaweb.mobi and ShowbizAfrica.net—both of which contributed to entertainment and socio-political discussions within Ghana’s digital space. With a diverse background in media, digital journalism, and business, Solomon Ogyem is dedicated to telling impactful African stories, empowering youth through media, and building cross-continental media partnerships.

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