Day: January 17, 2023

The Africa Continental Free Trade Area (AfCFTA) was established in 2018 to provide opportunities for the world to benefit from the continent’s economies and businesses. A new report from the World Economic Forum, AfCFTA Secretariat and Forum partners provides tools and strategies for leveraging the new trade area’s opportunities. Four sectors – the automotive industry, agriculture and agro-processing, pharmaceuticals, and transportation and logistics – were analyzed in the report as they are expected to accelerate in production and trade volumes Read Full Details…

By many criteria, Sweden is the envy of Europe. It has tremendous soft power to wield as it takes on the rotating presidency of the EU’s ministerial councils. Yet a recent visit to Stockholm left me thinking that Swedes feel as disoriented by a rapidly changing world as everyone else. One reason is domestic malaise. An epidemic of shootings — 60 gun murders across Sweden last year, against 9 in London — no doubt fuelled the rightwing nationalist Sweden Democrats’ Read Full Details…

The deglobalization trend will accelerate as enterprises try to secure themselves from uncertainty, boost business resilience and mitigate risk. The most visible impact of deglobalization will be the urgency to exploit local markets, build proximity to customers, and re-shore and near-shore. To thrive in a deglobalized environment, enterprises will have to acquire new tools and technologies, in addition to technical capabilities. The last two decades have seen a slow but remarkable change: the growth in the flow of goods across Read Full Details…