The Gulf-Africa partnership: At the crossroads of internationalisation - News Summed Up

The Gulf-Africa partnership: At the crossroads of internationalisation


Member states of the OIC at the forefront of deepening tiesGiven these trends, Africa’s Islamic economy has become a prime destination for Gulf trade and investment. Within the Gulf-Africa trade corridor, a disproportionately greater level of economic activity among member nations of the OIC has emerged. From a global perspective, trade among Africa’s non-OIC member states grew faster as compared to those states within the OIC. Furthermore, this is on the backdrop of global trade among OIC member states in Africa at lower double-digit growth rates. Qatar’s trade with Africa grew rapidly by 400% from 2009-2010 to reach $623m with North Africa and $591m with sub-Sahara.


Source: The North Africa Journal August 16, 2017 21:33 UTC



Loading...
Loading...
  

Loading...