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Showing posts with the label Infrastructure

Five- Corridors, the African continent can Leverage for Global Power

  Did you know that the continent of has Africa has five trade corridors that are critical for global commerce. These trade routes don’t just move goods; they’re economic backbones that African countries can leverage to boost their global influence. Just to mention them; North-South Corridor (Southern and Eastern Africa) This route stretches from Durban, South Africa, to Dar es Salaam, Tanzania, and beyond, this corridor connects landlocked countries like Zambia, Zimbabwe, and Malawi to major ports. It handles an estimated $20–30 billion annually in goods like minerals (copper, cobalt), agricultural products, and manufactured items. It’s a key artery for Southern Africa’s $100 billion+ export market. It is very crucial because it links Africa’s resource-rich interior to global markets, especially Asia and Europe. If the infrastructure is upgraded (roads, rail, ports) and harmonizing customs, African nations can cut trade costs, attract investment, and position themselve...