From NEXT:
A study by the USAID on the West Africa Trade Hub has revealed that the region’s transport costs is the highest in the world and remains so because the trucking market in the region is highly regulated.
“The regulationof the industry deter competition that would go a long way toward reducing transport costs” stated the transport advisor at the USAID Trade Hub and co-author of the study; Andy Cook with another internationally recognized transport expert; Sadok Zerelli. “The study confirms what many have suspected about the West African trucking market” the reported affirmed, noting that reducing costs of transport is key to ensuring regional food security.
