As growth in developed markets such as Europe, China and North Africa continue to stagnate, greater regional integration in Africa, amongst all role players, is needed to capitalize on the continent's growth potential. This is according to Hennie Heymans, CEO of DHL Express Sub-Saharan Africa,who says that when comparing intra-regional trade statistics, Africa's rates are amongst the lowest in the world, with less than 20% of what is produced in the region, remaining on the continent.
“This, in essence, means that over 80% of what is produced in Africa is exported, mainly to the European Union, China and the United States. In comparison, over 65% of Europe's trade occurs on its own continent, and in North America, the figure is around 50%(1),” says Heymans.
According to [...]