Amanpour How The World Economy Impacts Africa
May 16, 2025
Akinwumi Adesina, President of the African Development Bank, discusses how 2025’s economic upheaval affects Africa, warning about potential trade disruptions due to tariffs. Best-selling author Daniel Kehlmann explores the life of filmmaker G.W. Pabst during the Nazi era and the moral dilemmas artists face under oppressive regimes. Journalist Karen Attiah highlights the intersection of race and media, reflecting on the challenges of representation and academic freedom today. Together, they weave a compelling narrative about resilience and the future of Africa amidst global shifts.
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Tariffs threaten Africa's economies
- Tariffs on African exports cause currency devaluation, inflation, and higher debt servicing costs.
- Reduced trade and official development assistance worsen economic shockwaves in many African nations.
Navigate tariffs with trade diversification
- African countries should avoid trade wars with the U.S. and seek flexible negotiations.
- Diversify export markets and expand intra-African trade via the African Continental Free Trade Area.
Africa seeks balanced global partnerships
- Africa aims for broad partnerships with the U.S., China, EU, and Gulf countries.
- It wants fair, transparent trade deals led by African interests to capitalize on its resources.
