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13.226.34.106  Public Scan

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Submitted URL: http://app.ihs.com/e/er?utm_campaign=CL_GIA*20Monthly*20Newsletter*20July_*20All*20_PC023783_e-production_E-158953_...
Effective URL: https://www.spglobal.com/marketintelligence/en/mi/Info/0623/russia-ukraine-war-will-reinforce-africa-relations-with-europ...
Submission: On July 19 via api from AE — Scanned from CA

Form analysis 1 forms found in the DOM

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TRADE RELATIONS: RUSSIA-UKRAINE WAR WILL REINFORCE AFRICA'S RELATIONS WITH
EUROPE

Since 2020, the expansion in trade between Africa and the European Union has
outstripped any other two regions globally, although EU-Africa trade remains
asymmetrical. Africa still exports raw materials and some manufactured goods -
including transport equipment and parts, textiles and agrifood products - into
EU markets, while importing manufactured goods from the EU.

This report assesses the potential for expanded trade in the near and medium
term. The key points are:

 * We are in a period out of equilibrium in which trade, security and economic
   relationships are all rebalancing
 * This is raising heightened focus on globalization as countries look to
   de-risk, a trendline accelerated by the Russia-Ukraine war
 * Trade between Africa and Europe has accelerated since the outbreak of the
   Russia-Ukraine war
 * Europe's need for alternative gas supplies away from Russia, and to source
   supplies of critical minerals as it looks to the energy transition ahead,
   creates new opportunities to deepen the trade relationship between Africa and
   Europe in the coming years


GEOPOLITICAL INTELLIGENCE SOLUTION

With business no longer able to sit on the geopolitical sidelines, comes a
deeper understanding of the priority for access to an early warning system
incorporating ahead-of-the-curve, indicator-led analysis, across the
geopolitical space. With a bottom-up, integrated, data driven, commercially
oriented, forward-looking approach leveraging tools including scenario analysis
and geospatial intelligence collection, the Global Intelligence & Analytics team
at S&P Global Market Intelligence are helping our clients navigate the
geopolitical headwinds ahead.

Please fill in the form to download this paper, and learn more about the Top
Geopolitical Risks of 2023 here ›

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