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Agility CEO speaks on unlocking Africa's trade potential
CNBC Africa's Gugulethu Cele spoke to Geoffrey White, CEO for Africa at Agility on unlocking potential for trade on the African continent.
Mon, 17 Oct 2016 15:09:41 GMT
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AI Generated Summary
- Investing in long-term, sustainable business models is crucial for driving economic growth in Africa.
- Establishing international standard distribution parks across the continent can support the growth of local businesses and enhance multinational access to African markets.
- Regional cooperation is essential for streamlining trade processes and eliminating barriers to regional business development.
Africa's economic growth potential is intricately linked to the development of efficient logistics systems and infrastructure necessary for the smooth movement of goods across borders. In a recent interview with CNBC Africa, Geoffrey White, the CEO for Africa at Agility, a leading global logistics company, shared insights on the importance of investing in Africa's trade opportunities. White emphasized the need for a long-term investment approach, focusing on building sustainable business models that support economic growth on the continent. He highlighted the significance of establishing international standard distribution parks across Africa to facilitate the growth of local SMEs, enhance multinational access to the African market, and support the expansion of African companies. White acknowledged the challenges of navigating the economic, political, and infrastructural obstacles in Africa but stressed the importance of maintaining focus on core business strategies to drive progress. He also underscored the critical role of regional cooperation in streamlining trade processes and eliminating barriers to regional business development. The interview shed light on the potential for unlocking Africa's trade potential through strategic investments, collaboration, and a long-term commitment to driving economic growth.