Trade between international commercial actors in Africa and international commercial actors in major trading blocs outside the continent (such as the European Union, United States and China) has significantly increased in recent times. The African Economic Outlook 2017 notes, inter alia, that Africa’s population is approximately one billion people and Africa’s growing population is expected to lead to a rise in consumer spending from 680 billion dollars in 2008 to 2.2 trillion dollars by 2030. With increased international commercial transactions in Africa, the significance of private international law is more prevalent than ever … (more)
First posted 2021-06-08 13:00:35
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