Shifting Supply Chains: Where Does Africa Fit in the Global Economy?

S24 Televison
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The COVID-19 pandemic, geopolitical tensions, and rising trade disputes have reshaped global supply chains. As Western companies diversify away from China, Africa has emerged as a potential alternative, though challenges persist.

Countries like Vietnam and India have already benefited from the shift, but Africa’s weak infrastructure, energy shortages, and policy inconsistencies make it less competitive. Nigeria, for instance, has abundant raw materials but struggles with logistics bottlenecks at its ports.

Experts argue that Africa could seize this moment by investing in industrial zones, digital trade systems, and renewable energy. The African Development Bank (AfDB) estimates that improving infrastructure alone could increase Africa’s manufacturing output by 40% within a decade.

Multinationals are watching closely. Some, like Tesla and Apple, are exploring African markets for critical minerals, while textile and agribusiness firms eye Ethiopia and Kenya. The question remains: will Africa rise to the challenge or miss another global economic shift?

For Nigeria and the wider continent, the next five years will be decisive in shaping Africa’s role in global supply chains.

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