The continent that’s been described as the last frontier seems to be on its way to deliver on its enormous promise. High economic growth rates, combined with the world’s youngest and fastest-growing population continues to fuel optimism amongst observers.
The increasing trend of political stability and cooperation within Africa is also a positive sign. With initiatives like the African Continental Free Trade Area (AfCFTA) and Agenda 2063, a blueprint for socio-economic transformation, Africans are showing ambitions for the future.
However, just like Brazil, Russia, India, China, and South Africa (BRICS) in recent years, Africa will need strong strategic partnerships to make things happen. That’s where Europe comes in...
Europe is still comfortably Africa’s largest trading partner.
Their unique geographic and socio-economic position makes the North African states key to the future of collaboration with the EU. Nowhere is this more apparent than the three emerging Trans-Mediterranean Corridors emerging from Europe into Africa;
The West Africa-to-Western Europe corridor – This corridor is the one at its most advanced stage on the continent, owing to several factors.
The Tanger Med port is being expanded as part of a $7 billion plan to scale up and overhaul Morocco’s system of ports. Recent expansions to the Tanger Med have made it the largest port in the Mediterranean, surpassing the Spanish Algeciras and Valencia ports.
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It's all part of the global plan – Europe-Mediterranean-Africa Commerical Connectivity: Geopolitical Opportunities and Challenges