Local sourcing - the key to sustainable growth in Africa

Jacques Vermeulen, Managing Director of Coca-Cola Beverages Africa.

These are uncertain times for the global economy, and for emerging markets in particular. The period of synchronised global economic growth that saw a 40 per cent rally in emerging market stocks in 2017 is on shaky ground and risks of a downturn are rising.

Trade tensions between the world’s great economic powers are sending shockwaves through the global economy and threatening to bring the recovery to a premature end, while a shift towards higher interest rates in the US has decreased the relative attractiveness of emerging markets to investors.