Intra-Africa trade surges to record $220bn as top economies recover

Tanzanian trucks that take goods to Democratic Republic of Congo (DRC).

Photo credit: File | Nation Media Group

Trade among African nations soared to $220.3 billion in 2024, a significant 12.4 percent increase, marking a rebound for the continent. 

This surge, coming after a 5.9 percent contraction in 2023, signalled a turnaround driven by economic recovery across key economies on the continent, fuelling both consumption and production.