Closure of Strait of Hormuz can be used as a strategic opportunity to enhance regional cooperation in Africa without further complicating its already strained relationship with the US
This breakdown reveals that a significant portion of the fuel price sits within domestic policy control. The government cannot stop a war in the Middle East but it can intervene in the domestic cost structure
Regional trade becomes expensive to finance when too much of the transaction sits in separate systems that do not talk to each other
Within the SACU region, there is supposed to be free movement of agricultural goods, with a few exceptions, including national security and when there are crop and animal diseases
As Africa urbanises and grows, the need for infrastructure investment will increase
Four main measures — building the African Continental Free Trade Area, reducing macroeconomic vulnerability to debt, seizing digital economy opportunities and ensuring a just transition to a zero carbon economy — will enable this.
The new year started with a crucial step towards free trade between countries on the continent