Anabel Gonzalez: Setting the Stage for African Success in Global Value Chains
African economies can seize the opportunity to play a bigger role on the global stage, but success hinges on an improving climate for trade and doing business.
As world trade and investment have increasingly become organized around “value chains” — production lines that cross borders — Africa has struggled to reap the benefits of this trend, even as Asian and Latin American countries churned out cars, microchips and textiles for consumers across the globe.