A week after pressing Europe to boost its trade ties with Africa in Brussels, the World Trade Organisation’s chief said in Nairobi that leading European economies should look at developing and low income countries as the new globe’s economic growth engine, at a time of decreasing development aid.
Background
The EU is Africa’s biggest trading partner, accounting for about 35% of imports and exports, with China and the United States competing for second. The EU absorbs about 40% of Sub-Saharan Africa’s agricultural exports, compared to 25% traded between African states...