Trump: What are the consequences for African economies?
NOVANEWS
Webool
William Gumede
America’s policies under the Donald Trump White House are likely to hurt Africa. Nations on the continent should aim to diversify their products away from exporting raw materials, foster home-grown small and medium enterprises and intensify intra-Africa trade. They should also diversify their global trading partners.
Donald Trump’s election as US President is likely to make the world’s biggest economy more inward-looking, more protectionist and acting more unilaterally in global affairs.
The world may potentially become more dangerous if Trump implements some of his policy statements issued during his presidential election campaign.
Early this year, the Economist Intelligence Unit (EIU) rated a forthcoming Trump presidency ...