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Africa: The World Has Changed. African Countries Must Rethink How They Grow Their Economies

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Africa: The World Has Changed. African Countries Must Rethink How They Grow Their Economies
AllAfrica
AllAfrica27 mins ago
Africa: The World Has Changed. African Countries Must Rethink How They Grow Their Economies
[The Conversation Africa] The prolonged disruption of shipping through the Strait of Hormuz has exposed how vulnerable Africa's economies are to geopolitical shocks. Fuel prices have remained elevated, squeezing economies that depend heavily on petroleum imports from the Middle East. These include Ethiopia, Kenya, Moza
The Conversation
The Conversation🏁 first to report1 days ago
The world has changed. African countries must rethink how they grow their economies
The prolonged disruption of shipping through the Strait of Hormuz has exposed how vulnerable Africa’s economies are to geopolitical shocks. Fuel prices have remained elevated, squeezing economies that depend heavily on petroleum imports from the Middle East. These include Ethiopia, Kenya, Mozambique, South Africa, Tanz