Jaynisha Patel

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Percentage of Afrobarometer survey respondents who agree/agree very strongly with the following statements: 1: It is important that as an independent nation, we finance development from our own resources, even if it means paying more taxes. Or 2: We should use external loans for the development of the country, even if it increases our indebtedness to foreign countries and institutions.

MundoÁfrica,

The pandemic is reshaping how citizens and nations understand their position in a changing world. A shrinking global economy and growing support for nationalism has heightened pressure on governments over the past year to reallocate resources locally and bring supply chains closer to home.

For Africa, these moving parts present development opportunities as well as challenges, underscored by the recent launch of the African Continental Free Trade Area (AfCFTA). Bringing together 54 countries and more than 1 billion people, the AfCFTA will be the world’s largest free-trade area, with a combined gross domestic product of between $2.2 and $3.4 trillion. Proponents believe the boost in intra-Africa trade could help lift 30 million Africans out of extreme poverty by 2035 and foster interdependence, greater inclusion and peace.…  Seguir leyendo »