For 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.
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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#Business#Survival#Post coronavirus era#profitability#