Africa is losing an estimated $50–$80 billion every year as a result of stringent visa and border restrictions. While the figure is frequently associated with illicit financial flows, experts say it also captures the wider economic toll of limited mobility across the continent.
These restrictions weaken key sectors such as trade, tourism, labour mobility, and investment, slowing efforts to build a more connected African market. Businesses face higher costs and delays, while travellers encounter barriers that discourage cross-border engagement.
As Imoh Edet reports, the limitations directly undermine intra-African trade by increasing the time and expense required for goods to move between countries. This reduces competitiveness and hampers growth for small and large enterprises alike.
Analysts warn that easing mobility, strengthening cooperation, and fully implementing the African Continental Free Trade Area could significantly reduce economic losses and unlock billions in new opportunities for African economies.
