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As the global economy undergoes a fundamental shift toward a multipolar landscape, a recent report from Boston Consulting Group (BCG) has highlighted the strategic need to revitalise the Africa-Europe corridor. The report, titled ‘Strengthening the Africa-Europe Corridor: Strategic Imperative in a Multipolar World,’ reveals that deliberate and well-orchestrated value chain integration could double bilateral trade from $545 […]
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Bilateral trade in goods reached US$14.5 billion in 2022 Economic relations between Singapore and Africa continue to expand, as bilateral trade in goods grew by around 15% per annum between 2019 to 2022, reaching US$14.5 billion in 2022. Singapore companies’ investments in the African continent cumulatively reached US$23.7 billion as at 2021. As testament to […]
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