131. UN report: Unlocking Africa’s trade potential
Description
The Weekly Tradecast looks at Africa’s economies and ways to boost trade, reduce risk and unlock the continent’s potential with Mona Farid Mohmed Badran from Cairo University and also UN Trade and Development’s (UNCTAD) chief of the Africa section, Habiba Barka.
From economic turbulence to the impact of climate change, UN Trade and Development’s latest report on Africa says much of the continent struggles to get ahead due to repeated exposure to external shocks.
Its economies are particularly vulnerable because they rely heavily on commodity exports, carry high levels of debt and have limited technology infrastructure.
According to the new Economic Development in Africa report, key steps forward include wider diversification of economies, greater regional trade and more robust rules across the continent of 1.4 billion people. For more on the report and its recommendations, tune in to Mona Farid Mohmed Badran and Habiba Barka.
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