Between 2004 and 2022, AfDB provided over $13 billion to finance regional road corridor projects. Nevertheless, addressing supply chain obstacles in African countries requires proactive policy measures. The most important factor influencing Africa’s potential to be a global supply chain leader is the abundance of critical minerals and metals, including aluminium, cobalt, copper, lithium and manganese, vital components in technology-intensive industries. Compared to other parts of the world, Africa as a continent has many disadvantages in its logistics infrastructure and supply chain system. However, the current geopolitical issues, macroeconomic challenges and the trend of supply chain diversification is the chance for Africa to change its fortune.

Source: The North Africa Journal January 27, 2024 12:43 UTC