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Africa’s freeports should boost trade and foreign exchange earnings – but evidence is thin

By Jonas Aryee, Lecturer in Management and Maritime Business, University of Plymouth
The concept of a freeport – an area where normal tax and customs rules don’t apply – has existed for centuries. Over time, different terms have emerged. They include export processing zones, free trade zones, special economic zones and industrial free zones. West Africa has 29 free zones, spanning 11 countries. Examples in west Africa are in Togo’s capital, Lomé, and Liberia’s capital, Monrovia.

The success of freeports in growing local manufacturing and economies…The Conversation

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