The World Bank has been significantly involved in supporting African trade initiatives, particularly through its collaboration with the African Continental Free Trade Area (AfCFTA). The AfCFTA, launched in 2021 is.
Africa plays a pivotal role in addressing global challenges, particularly those related to security and trade. Its strategic geographical location makes it essential in global sea and trade routes, while.
The importance of maritime security cannot be overstated, as over 80 per cent of global trade depends on sea transportation. Africa plays a pivotal role in this due to its.
The informal economy in Africa is sustaining livelihoods and driving economic growth across the continent. Despite its largely unregulated nature, the informal sector accounts for a substantial portion of Africa’s.
International trade is crucial to global economics, and customs regulations play a significant role in facilitating the smooth movement of goods across national borders. Customs harmonisation has been proposed as.
For decades, Africa has been a continent associated with foreign aid. Billions of dollars have flowed into African nations from Western countries, to address poverty, hunger, and health crises. According.
As one of Africa’s largest oil producers, Angola’s economy has long been dependent on this single sector, with hydrocarbons contributing to approximately 90% of export revenues and around 30% of.
Nigeria is rich in solid minerals and metals, with over 40 different types found beneath its surface, including significant quantities of lithium ore. The discovery of high-grade lithium deposits presents.
Nigeria’s Free Trade Zones (FTZs) have been pivotal in efforts to boost industrialisation, attract foreign investment, and create jobs. Yet, their full potential has not been realised due to inconsistent.
For smart investors, Africa presents a wealth of opportunities, underpinned by strong economic fundamentals and a young, tech-savvy population. According to a report by the International Finance Corporation (IFC), “With.
