This is according to Vinod Madhavan, head of trade for the Standard Bank Group, who spoke to Business Report on Friday on the sidelines of Global Trade Review Africa 2019, which took place at the Cape Town International Convention Centre.
Madhavan said the world was looking at other trade corridors and the Africa-China corridor had been growing at a phenomenal pace.
“To my mind, that is a very key corridor to focus on. The second trade corridor that I feel very bullish about is the intra-Africa trade,” he said.
Madhavan said with the intra-Africa trade, Africa does 83 to 85percent of its trade with countries outside Africa, rather than internally.