Africa: Building Blocks for Africa’s Economy

| September 10, 2013

[CCA]A major obstacle for development in Africa is the lack of any true regionalization. Road systems often stop at borders, rail gauges don’t match up from country to country and customs duties are to be collected at every border, and often inside borders, backing up truck traffic for days and sometimes longer. Ultimately, it often costs more to truck goods a few hundred miles than it does to fly the same goods from one continent to another, making the costs of doing business often prohibitive to potential inv

Category: News

Comments are closed.