Africa: How Continent Can Benefit From the New Commodity Super Cycle

[ISS] Since the dramatic worldwide 21-year low of April 2020, oil prices have recovered by almost 300%, copper prices have reached an eight-year high and liquefied natural gas prices have recovered by over 700%. This commodity rebound – supported by accommodative global monetary and fiscal policies, COVID-19 vaccine rollouts, and increased investor and market confidence – has significantly boosted prospects of a global economic recovery.