African nations could lose $420m in a no-deal Brexit

Total export losses from 20 African countries could be as much as $420 million — some R5,9 billion — according to a study by a United Nations agency. Morocco, Ghana and Tunisia are among African nations that would lose the most if the UK doesn’t negotiate a deal by the time it has to exit the European Union.

However, says the UN Conference on Trade and Development, 11 nations on the continent would boost their exports by a total of $3,66 billion — over R51 billion  — led by South Africa, Mauritius and Botswana. — Bloomberg.

Related Posts

President Mnangagwa launches African Peer Review Mechanism (APRM) National Programme of Action

President Mnangagwa is today expected to officially launch the African Peer Review Mechanism (APRM) National Programme of Action at the New Parliament Building in Mt Hampden. Our Reporter Harmony Agere…

Harare lights up as 11 clubs chase glory for COSANA

Hello Africa! Welcome to our live coverage of the Confederation of Southern Africa Netball Association (COSANA) Championships in Harare – where excitement is building as 11 clubs from across Southern…

Leave a Reply

Your email address will not be published. Required fields are marked *

×