A decade of #logistics performance in #Africa: Navigating #trade and the blue #economy
The #African #continent, with its vast resources and #strategic #geographic positioning, stands at the cusp of a #logistical #revolution that could redefine its role in global #trade. The #Logistics Performance Index (LPI), a detailed gauge developed by the World #Bank, has chronicled #Africa’s trade logistics landscape since 2007, offering a snapshot of its performance in customs efficiency, #infrastructure, international shipments, and the overall quality of logistics services.
The LPI’s readings over the years have highlighted a continent on the move, making strides in some areas while facing persistent challenges in others. With the African Continental Free Trade Agreement ( #AfCFTA ) poised to create the world’s largest free trade area, the spotlight intensifies on the necessity for logistical excellence.
As Africa confronts the twin tasks of advancing its blue #economy and maximizing the AfCFTA’s potential, the LPI not only reflects past and present performance but also serves as a beacon for what could be achieved through sustained focus and development in logistics.
English https://thebftonline.com/2024/02/27/maritime-bulletin-with-cimag-a-decade-of-logistics-performance-in-africa-navigating-trade-and-the-blue-economy/
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