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Globalization and the future of African Business
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Skilfuljay03
73 days agoFor decades, globalization expanded trade, lifted millions from poverty, and interconnected nations. Yet, protectionism, trade wars, and geopolitical rivalries suggest a reversal. The coronavirus pandemic in the year 2020 exposed fragile supply chains, and African countries must now prioritize resilience over efficiency. African businesses must learn to cope in the post-coronavirus age by first prioritizing survival over profitability.
Trade blocs like ECOWAS has a role to play.
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