For the last four decades, global supply chains were at the heart of much of manufacturing production. However, since the COVID-19 pandemic and the closure of many production sites, these supply chains have been disrupted, leading to a massive reduction in global trade. Several experts have reiterated that the pandemic has shown that over-reliance on solely international trade partners can put businesses and local economies at a greater risk when global disruptions occur. During a high-level virtual event dedicated to Africa titled “Resilient World: An African Call for a New World Order”, which was the first of its kind and included five African heads of states and global leaders, Minister of International Cooperation Dr. Rania Al Mashat noted that due to the challenges that global supply chains are now facing, it is the best time to look at regional supply chains in Africa. https://www.youtube.com/watch?time_continue=1111&v=4DabUD8pqsE&feature=emb_title “There are plenty of complementarities that can take place so that as a region we are protected collectively and together to face future crises,” Al Mashat stated. “the pandemic has acted as a catalyst for innovation across the region” The minister also highlighted that the “pandemic…
Africa Can Collectively Face COVID-19 Through Regional Supply Chains: Minister Rania Al Mashat
May 23, 2020
