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Tag: Africa Export Competitiveness Report 2023

Africa Business Columns Emerging Markets Headlines International

Africa’s total exports surge by 17% in 2023, yet its global share is still less than 3% — report

August 16, 2024August 16, 2024North Africa PostComments Off on Africa’s total exports surge by 17% in 2023, yet its global share is still less than 3% — report

Africa’s exports increased by 16.8% in 2023 compared with a year earlier, reaching US$665.4 billion, whereby this significant growth was primarily driven by minerals and IT services, according to a recently published Africa Export Competitiveness Report 2023. According to the report, the world economy recovered considerably from the Covid-19 pandemic in 2023, as the total […]

| Editorial by MysteryThemes.