Encouraging developments emerging 
from the African continent

Dear R&C Desk Family and Clients,

As we enter summer, we are thrilled to present the sixth edition of our newsletter. This issue focuses on the encouraging developments emerging from the African continent, where significant progress is evident across various fronts. The African Continental Free Trade Area (AfCFTA) serves as a pivotal force, driving advancements in technology, infrastructure, agriculture, and renewable energy. Despite challenges such as political instability and infrastructure gaps, governments are actively improving business environments to attract global interest and foster sustainable growth.

The business landscape in Africa is increasingly promising. Private equity firms are notably optimistic about the continent's potential, buoyed by a burgeoning middle class and rapid urbanization. Simultaneously, there is a concerted effort to empower African women in trade through better access to finance, resources, and supportive policies. These initiatives not only promote gender equality but also significantly enhance economic growth throughout Africa. Furthermore, Africa's maritime trade is evolving towards bulk commodities and energy exports, propelled by efficient port operations exemplified in places like Angola. This shift creates promising opportunities for local businesses in logistics and transportation, though challenges concerning security and sustainability require attention for continued progress.

With this optimistic outlook, we close the first part of the year and take a break for the month of July. We wish you a relaxing summer brimming with new experiences. Curating insights and stories for this sixth edition has been a pleasure. Thank you for your readership and support.

Our next newsletter will arrive in late August, bringing fresh perspectives and news. Whether you're exploring new destinations or enjoying a break, may your summer be joyful and restful. Stay tuned for more stories that inform, inspire, and connect us all.

Dear R&C readers, enjoy your reading and have a great time!

Hafedh CHERIF • CEO of R&C Desk