nairiporter (nairiporter) wrote,
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The need for diversification

African Govts Urged to Diversify Economies
http://allafrica.com/stories/201705170156.html

African governments have been urged to focus on growing intra-African trade and diversifying their economies to stop reliance on commodities to reduce vulnerability to external shocks.

According to a statement from African Trade Insurance Agency (ATI), continued commodity price decline and current geopolitical uncertainties are also affecting trade on the continent. This was at the 17th annual general meeting of African Trade Insurance Agency in Nairobi, Kenya last week.
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