What Brexit Holds in Store for African Economies: Q & A

  • Trade deals negotiated over more than a decade may be reworked
  • Uncertainty will stall deals, investment: Sasfin’s Shapiro

The shock decision by the U.K. to exit the European Union after more than four decades has roiled global markets and set the stage for years of extrication talks. The fallout is likely to be especially severe in Africa because the 28-nation trading bloc is by far the continent’s biggest source of trade and foreign investment. Here are some of the likely consequences:

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