Tag: poor infrastructure
Africa Business Emerging Markets Headlines International

Poor infrastructure hampering intra-Africa trade, report finds

North Africa PostComments Off on Poor infrastructure hampering intra-Africa trade, report finds

A recent report by the Mauritius Commercial Bank Group has highlighted the significant barriers posed by Africa’s inadequate transport and logistics infrastructure, which continue to hinder the region’s trade potential. Despite Africa’s growing economy, intra-Africa trade still accounts for a mere 16% of the continent’s total trade. The report, entitled ‘Harnessing Africa’s Trade Potential: Strategies […]
Africa Business Headlines International

Intra-Africa trade remains ‘difficult’ amid forex shortage, poor infrastructure — Standard Bank’s report

North Africa PostComments Off on Intra-Africa trade remains ‘difficult’ amid forex shortage, poor infrastructure — Standard Bank’s report

Intra-country trade in 10 key African countries remains difficult amid currency volatility and international capital flight, as business struggle to find the foreign currency, most notably the dollar, needed to pay for imports, according to the 2023 Standard Bank Africa Trade Barometer (ATB). The key finding in the study conducted by Standard Bank, Africa’s largest […]
Algeria Columns Headlines Opinions

Algeria’s Sapped Tourism Potential

North Africa PostComments Off on Algeria’s Sapped Tourism Potential

Battered by a sharp decline in its international reserves, Algeria made of tourism a key sector to relieve its economy from an acute dependency on oil revenues. However, little is done to boost the contribution of tourism in GDP, which remains limited to 1.4% in 2016 with most tourists being Algerian expatriates returning to visit […]