On Policy Reluctance and Economic Peril

frica is often referred to as a sleeping giant due to the continent’s enormous yet underutilized intra-regional trade potential. But recent efforts to promote intra-regional trade in Africa have met misguided reluctance from its largest economy, Nigeria. Currently, intra-African trade is only 16 per cent of the continent’s overall trade, compared to 50 per cent intra-Asian and 70 per cent intra-European trade. Meanwhile, the continent is home to 1.2 billion peopl

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