Africa’s annual loss to carbon tax may hit $25bn – AfDB

African Development Bank Group President, Dr Akinwumi Adesina, has warned that a new EU carbon border tax could significantly constrain Africa’s trade and industrialisation progress by penalising value-added exports including steel, cement, iron, aluminium and fertilizers. While addressing delegates at the Sustainable Trade Africa Conference held at the UAE Trade Centre in Dubai, Adesina said,

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