IntraTrade

African Trade: A Resilience Story After a challenging year in 2023, the winds are changing for trade among African nations. As we step into 2024, intra-African trade has surged impressively by 12.4%, reaching an eye-catching figure of $220.3 billion. This rebound encapsulates not just numbers; it conveys a spirit of resilience that echoes the diverse experiences across the continent. However, how did we emerge from the shadows of a 5.9% drop the previous year?…

The recently unveiled 2024 Africa Trade Report has provided compelling insights into the evolving trade landscape during the 32nd Afreximbank Annual Meetings held in Abuja, Nigeria. It's fascinating to see such a deep dive into data that not only tracks economic progress but also reflects a broader narrative about Africa's potential. This year, the report indicates a slight uptick in trade figures compared to 2023, which is a step in the right direction for the continent. It encompasses both exports and imports…