Resource-based African Development Strategy - Partnership to Cut ...
Resource-based African Development Strategy - Partnership to Cut ...
Resource-based African Development Strategy - Partnership to Cut ...
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Insurance and freight import valuesfor selected groups of countriesRADSFreight &insuranceas a%ofcost 19851990 1995 1997World ldt <strong>to</strong>tal t 4.6 5.55 4.44 4.1Developed market economy countries 3.8 4.2 3.5 3.4Developing countries <strong>to</strong>tal: of which: 7.7 11.2 7.4 6.5Africa 11.3 10.6 11.3 10America 6.7 12.8 6.4 5.6Asia 7.77 11.2 7.4 6.5Table 6Freight and insurance as a percentage of cost, insurance and freight import values for selected groups of countries [1]Landlocked Africa: 14.8 15.8 10.7 ..East Africa 17.9 20.2 16.7 14.6Southern Africa 12.5 11.5 9.9 ..West Africa 30 30.2 24.6 ..Least developed countries 13.8 14.6 12.5Source:UNCTADAfrica’s logistics costs ~250% global average!<strong>Resource</strong>-<strong>based</strong> <strong>African</strong> <strong>Development</strong> <strong>Strategy</strong>
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