Browsing: Africa Sea Ports

Lamu Port in Kenya. Reports of China angling to seize strategic national assets if loan obligations are defaulted are being denied. www.theexchange.africa

Africa’s future sea ports, AfCFTA and trade

Business

As a result of these and other reasons, the region’s economy is anticipated to recover faster than expected, according to the analysis.
Free trade is projected to play a critical role in Africa’s rapid integration into regional and global industrial and value chains during the next 12 months, according to the report
With AfCFTA fully implemented, the World Bank projects that Africa’s gross production will rise by about US$212 billion above the baseline by 2035, with manufacturing exports increasing by 62 per cent and internal trade in manufactured goods increasing by 110 per cent.…