Key Takeaways from the Report

• Supply chain resilience is the ability of a supply chain to adapt to disruptions and return to normal operations swiftly and efficiently.
• Global supply chain networks have grown increasingly volatile, driven by the convergence of trade wars, geopolitical instability, environmental challenges, and economic disruptions.
• Supply chains across Africa encounter a wide range of complex challenges such as barriers to digital adoption, infrastructure constraints, currency inconvertibility, policy uncertainty, coordination failures in regional integration etc.
• Supply chain frictions arise from various sources, including manual processes, lack of visibility, regulatory complexities, misaligned incentives among stakeholders, amongst others.
• The foundation of a resilient supply chain is based on four key elements which include robust risk management, agile and flexible operations, transparent communication and strong supplier relationship.
• The African Continental Free Trade Area (AfCFTA) offers a pathway to African businesses to reduce dependence on global markets and enhance resilience.
• Technology plays a critical role in strengthening supply chain resilience by enabling real-time visibility, data-driven decision-making, and greater operational efficiency.