TAG: Kenya
While world trade is in the midst of a turbulent period – with US-China relations continuing to deteriorate, the UK disengaging from the EU, and currencies in emerging markets like Turkey and Argentina in turmoil – many countries are seeking to strengthen or foster new relations with Africa.
Africa has undergone significant changes since the turn of the century thanks to structural and policy reforms, promises to unlock the continent’s economic fortunes and higher levels of foreign investment.
One year ago, when Oxford Business Group released the results of its first Business Barometer: OBG in Africa CEO Survey, almost 50 nations signed an agreement to create what would become the world’s largest trade area: the African Continental Free Trade Area (AfCFTA).