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|Czech Africa Economic Forum by CZAEF: 1:06pm On Sep 23, 2020|
International trade has been a great stabilizer for many countries, contributing to economic expansion even at times of slackening domestic demand.....
Overview of Czech existing trade and investment relationships with the countries of Africa
The continent of Africa, second only to Asia in both landmass and population, is diverse geographically, culturally, linguistically, and economically. Comprising 54 sovereign states, nine territories, and two de-facto independent states, Africa is home to over 1.2 billion people.
This number is increasing sharply, however, with African nations boasting some of the youngest and most rapidly growing populations in the world.
Submissions emphasized the importance of recognizing that Africa cannot be described or analyzed as a single market but is comprised of discrete economies with separate opportunities.
The Department of Foreign Affairs and Trade (DFAT) provided information on trade between Czech and individual African economies.
This indicates that the goods trade with South Africa is, by a wide margin, Czech most valuable trade relationship with an African country.
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