The benefits that compensatory trade strategies can offer a country are tried and proven to aid in the development of a prosperous economy. From Asia to Europe to South America the ideas of countertrade have been used successfully and it is time for African nations to discuss how they can implement them too.
In this episode, our host, John Akhile, author of Unleashed: a New Paradigm of African Trade with the World, gets technical with how compensatory trade based strategies can be a boon to the African continent. He puts the onus on African leaders to step up and “turn over every rock” to find ways to lift their nations out of poverty and into economic prosperity. The time is now to take action, create jobs, and lead.