Despite enormous opportunities, Africa’s supply chains remain inadequate in supporting regional economies. The COVID-19 pandemic exposed the vulnerability of existing African supply chains, sending shock waves across markets. With proper optimization, Africa’s supply chains hold transformative economic potential for the continent.

The East African region has a long history of cooperation stretching back to 1900 when a Single Customs Collection point was established at Mombasa. Still, Non-Tariff Barriers remain a challenge to trade. The first instance of regional integration dates back to 1917 between Uganda and Kenya.

Africa’s automotive market size is expected to grow from 1,325.89 thousand units in 2023 to 1,777.69 thousand units by 2028, at a CAGR of 6.04 per cent, during the forecast period between 2023 and 2028. According to a recent report by the Globe Newswire, the market is expected to reach the pre-Covid demand rates from customer industries only in the second half of 2023. This is because the African automotive market was severely affected by the Covid -19 pandemic.

The first quarter of 2023 witnessed a significant shift in communication trends in Zimbabwe. Voice traffic experienced a sharp decline while mobile internet and data traffic continued to surge. According to the quarterly bulletin released by the Postal and Telecommunications Regulatory Authority of Zimbabwe (POTRAZ), the country’s mobile internet and data traffic witnessed a 12.3 per cent increase. It reached 37,690.4 Terabytes by the end of Q1 2023, compared to 33,576.4 in the previous quarter.

Afrexim’s subsidiary, AFREXInsure, will manage trade and commerce-related risks in Africa. AFREXInsure will leverage its…

Kenya will progressively allow more imports from the EU into its market. An EU official…