AFRICA OPPORTUNITY:
Multi-Channel Logistics and the AFCFTA
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Africa seeks to boost its intra-trade by 28% and increase consumer spending by up to $6.7 trillion by 2030 through the African Continental Trade Agreement (AfCTA). Yet globally, several economies are facing the threats of inflation, recession, and supply chain disruptions expected to drop consumer demand in 2023. If these challenges are not met with a robust and effective logistic solution, a drop in demand could result in new difficulties for logistics companies. The last two years, however, have provided key lessons to evade vulnerabilities in the supply chain through multi-channel logistics solutions in contrast to one-dimensional logistics.
In this video, Frost & Sullivan Africa Management Consultant Nomvo Kasolo discusses the unique opportunity provided by multi-channel logistics for Africa and its link to the AFCTA - https://youtu.be/ik9wKixTMfw.
To find out more about opportunities in Africa, please get in touch with Lynne Martin.
