Blog

EU, China, and India drove half of Africa’s trade in 2023, U.S. influence waning

With the United States representing a comparatively smaller share, some analysts suggest African economies may be less exposed to the policy uncertainties stemming from shifts in U.S. foreign and trade policy. Economist Dr. Daouda Sembene, founder of the advisory firm AfriCatalyst, highlights this as a potential buffer for African markets navigating global volatility.

Author

RECENT POSTS

As aid declines, the African Development Fund-17 secures $11 billion for Africa’s green transition

Global Leaders unite to advance the African Development Fund’s 17th Replenishment

Africa must rethink credit ratings to unlock domestic financing