Africa Matters

Intra-African Trade Surges as Local Markets Gain Preference Over Global Partners

Africa Surpasses Asia and Europe as Preferred Trade Market By Elizabeth Antidius Shumbusho | Africa Guardian Africa’s intra-continental trade is gaining momentum, driven by easier cross-border transactions, improved quality of locally made goods, and more competitive pricing compared to markets in Asia, the US, and Europe. According to the latest Africa Trade Barometer, African businesses are increasingly opting to…

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Nigeria Rises to 4th in Africa’s Trade Rankings

The latest Africa Trade Barometer has revealed that Nigeria has moved up four positions from eighth to forth in the country rankings. The Stanbic IBTC Holdings Plc shared some of its latest findings from the Africa Trade Barometer 2023 Issue three report. The report, which assesses key economic indicators in Africa, highlights several noteworthy developments across African countries. According…

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