The Inconvenient Truth: The fading light of global openness and the shadows it leaves behind
Once, the lighthouse stood tall, guiding the lost toward the shores of opportunity. Now, its light flickers, dimming under the weight of walls, restrictions, and fear.
For decades, the United States symbolised economic openness, innovation, and prosperity. It was a land where talent from every corner of the world built industries and shaped the future. The free flow of ideas, capital, and people fuelled progress not just for America but for the world.
But something has changed. Borders are closing. Trade is shrinking. Protectionism is dismantling decades of globalisation. Economic nationalism is taking precedence over shared growth.
This shift doesn’t just impact the world’s biggest economies. It reshapes the future for every nation including Africa. If the continent fails to act strategically, it risks being sidelined. But if it unites and negotiates as a single entity, Africa can seize this moment as an unprecedented opportunity.
THE WALLS ARE RISING, AND THE WORLD IS SHRINKING
When rivers are dammed, lands downstream wither. When major economies turn inward, the world’s future contracts. For decades, globalisation drove growth, linking economies across continents. Today, a retreat from openness threatens to reverse that progress.
EXAMPLE: THE UNITED STATES TURNS FROM OPENNESS TO PROTECTIONISM
The U.S., once the champion of free trade, is shifting towards economic isolation:
• Tech restrictions on China are stifling global innovation, affecting AI, semiconductors, and biotech.
• Tariffs and economic nationalism are increasing costs for businesses and consumers.
• Stricter immigration policies are diverting global talent elsewhere.
This shift has led to slower economic growth, declining global partnerships, and a waning influence on world trade.
EXAMPLE: THE EUROPEAN UNION’S INCREASING BORDERS
The EU, once the poster child for integration, is now tightening restrictions:
• Stronger immigration controls limit skilled labour mobility.
• Nationalistic economic policies prioritise internal industries over global competition.
• Political instability discourages long-term investment.
As protectionism grows, the global economy suffers. According to the World Trade Organization (WTO), global trade growth slowed from roughly 5.7% in 2021 to approximately 3% in 2023, signalling a clear retreat from openness.
THE PRICE OF ISOLATION: A WORLD SLOWING DOWN
When major economies retreat, everyone feels the impact:
• Slower global trade leads to higher consumer prices and business costs.
• Restricted research collaboration slows scientific advancements.
• Economic uncertainty causes stock market volatility and reduced investments.
The result? A weaker, less connected world.
AFRICA AT A CROSSROADS: RISK OR OPPORTUNITY?
“When elephants fight, the grass suffers.” But what if the grass learns to grow stronger?
Africa faces a turning point. If the continent remains fragmented, it will be at the mercy of shifting global alliances. But if it presents a unified front in negotiations, Africa can leverage its resources, population, and markets to secure better deals.
1. TRADE AND INVESTMENT: STRENGTH IN UNITY
Historically, Africa has relied on foreign investment. However:
• In 2023, Foreign Direct Investment (FDI) in Africa fell to $45 billion, down from a 2021 record high, representing 3.5% of global FDI.
• African exports face higher tariffs and restrictions in Western markets.
A fragmented Africa faces challenges in securing favourable terms. In contrast, a unified Africa, through the African Continental Free Trade Area (AfCFTA), can become a powerful global economic force. Successful AfCFTA implementation could boost intra-African trade and reduce dependence on external markets.
Beyond intra-African trade, a cohesive African strategy would enable the continent to negotiate as a unified entity with significant global economic powers, including the United States, the European Union, China, and emerging trade blocs in Asia and Latin America. Should Africa fail to adopt this approach, individual nations will be compelled to navigate trade challenges independently, competing for limited resources rather than obtaining substantial trade advantages.
Moreover, Africa’s vast natural resources, from critical minerals to agricultural commodities, put the continent in a strong position to dictate favourable terms. Individually, countries like Ghana, Nigeria, or Kenya may struggle to stand their ground in global negotiations, but collectively, a unified Africa would be impossible to ignore.
2. TECHNOLOGY AND INNOVATION: A COLLECTIVE BARGAINING POWER
Africa’s digital economy is booming, but global restrictions pose risks:
• Visa and work permit policies limit African tech talent’s access to global hubs.
• Tech trade restrictions on China impact Africa’s access to affordable digital infrastructure.
Instead of depending on fragmented deals, Africa must negotiate as a bloc to ensure fair access to technology, patents, and global digital markets.
The continent is home to some of the fastest-growing fintech, AI, and software startups, yet African companies remain at the mercy of tech policies dictated by the West or China. By negotiating as one, Africa could demand better access to technology transfer agreements, research collaborations, and fairer digital trade regulations.
3. FOOD SECURITY AND SUPPLY CHAINS: BUILDING RESILIENCE TOGETHER
With fragmented global supply chains, Africa faces rising costs for essentials:
• According to Statista, Africa imported 54.8 million metric tons of wheat in 2020/2021. Just under 50% went to Sub-Saharan Africa, while the remainder went to Northern Africa. Geopolitical tensions and war between Ukraine and Russia have affected the supply chain
• Increased freight and import costs make food and medicine more expensive.
A unified Africa can drive regional self-sufficiency, negotiating collective trade agreements to reduce dependency on external supply chains.
Additionally, Africa’s vast arable land and favourable climate conditions position it as a potential global agricultural powerhouse. However, individual African countries lack bargaining power in international food markets. Through collective action, the continent can develop sustainable food production strategies, reduce dependence on foreign imports, and turn itself into a net food exporter rather than an import-dependent region.
A NEW DAWN OR A MISSED OPPORTUNITY?
A child born today in Africa faces two futures:
1. A fragmented Africa, where 54 nations negotiate separately, facing economic marginalisation.
2. A united Africa, where the continent speaks as one, securing trade, investment, and technology access on favourable terms.
The numbers speak for themselves: A single African market could create a combined GDP of $3.4 trillion, unlocking unprecedented economic growth. But without a unified approach, Africa risks being sidelined in emerging global trade blocs.
CONCLUSION: SPEAK AS ONE, NOT AS 54
“When the sun sets on an era of progress, only those who prepare for the night will see the dawn.”
The world is retreating into protectionism, but Africa does not have to be a passive observer. The continent has a choice: remain divided and be dictated to, or unite and shape its own economic destiny.
To compete in this new world, Africa must not negotiate as 54 fragmented nations but as one economic power. Whether securing trade agreements, attracting investment, or shaping technology policies, a single African voice will carry far more weight than dozens of separate whispers.
History has shown that economic blocs shape global trade. The EU, ASEAN, and NAFTA all negotiated from positions of unity. Africa must do the same. The AfCFTA provides the framework now; leadership and commitment must follow.
The Time to Act is Now
• Global shifts are happening rapidly. If Africa waits too long, decisions will be made without it.
• A divided Africa is a weak Africa. A unified continent will command better deals, fairer trade terms, and greater global influence.
• Resources alone won’t secure Africa’s future. Strategic unity and bold leadership will.
If Africa does not take action now, global decisions will be made without its involvement. The moment has arrived for the continent to assert its destiny: united, not divided.