Why logistics will power AfCFTA and Africa’s e-Commerce export potential

July 19, 2021 Vanguard 0 Comments

Africa is the second-largest continent in the world, with an estimated 1.3 billion people. Its combined Gross Domestic Product (GDP) was $2.6 trillion in 2020, and the African Development Bank (AfDB) projects a 3.4% growth rate by year-end 2021. This modest forecast might be ambitious considering the staggering effects of Covid-19 on commercial activities. It left international borders closed for much of last year, led to a significant devaluation of currencies, an estimated output loss of $115 billion, according to World Bank findings, and continues to restrict regional and international travel. Read More.

Leave a Reply:

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.