The ongoing global conflicts have had a significant impact on Africa’s maritime trade, with about 90% of the continent’s trade being carried out via sea routes. Geopolitical tensions, including the war in Ukraine and attacks on commercial shipping in the Red Sea, have led to costly detours and delays for African traders.
The disruptions in maritime trade have had serious consequences for the continent, affecting the economy and livelihoods of many people. Jan Hoffman, head of Trade Logistics at UN Trade and Development, highlighted the challenges faced by African countries due to these conflicts in a discussion on FRANCE 24.
The need for efficient and secure sea routes is crucial for Africa’s trade to thrive, and the current global conflicts are hindering the smooth flow of goods across the continent. As Africa continues to rely heavily on maritime trade for its economic development, finding solutions to these challenges is essential for the future prosperity of the region.
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Video “Global conflict forces detours and delays in Africa's maritime trade • FRANCE 24 English” was uploaded on 10/25/2024 to Youtube Channel FRANCE 24 English