Final answer:
Africa has untapped potential for the future despite current challenges with globalization. Advancements in governance and the establishment of the African Continental Free Trade Area signal a hopeful trend. Technological growth and a young, driven population also contribute to the continent's promising outlook.
Step-by-step explanation:
Despite the fact that African countries are currently unable to fully exploit the advantages of globalization, there is a promising outlook for the future. Several nations in Africa are in the midst of establishing order and progressing towards unity.
They are showing signs of optimism through the establishment of stable and democratic governments. This shift towards progressive governance can be a significant driver for change and growth on the continent.
Africa's economic inclusion in the global market has been limited, manifesting in less interaction with other African countries and more emphasis on trade with economically powerful non-African nations.
Historical patterns of trade that resemble corporate colonialism are prevalent, often overshadowing vital intra-continental relationships. Moreover, globalization does bring challenges such as cultural imperialism and the risk that foreign multinationals' perspectives may not align with the best interests of local communities.
However, the African continent holds a vast amount of potential. The recent establishment of the African Continental Free Trade Area (AfCFTA) connects a substantial population and promises to boost the continent's GDP growth.
Additionally, technological advancements and the entrepreneurial spirit among Sub-Saharan Africa's youthful population are promising indicators of economic opportunities to come.
Despite contributing a small fraction to global foreign direct investment currently, Africa is poised for a demographic boom and has the potential to become a much larger player in global economics.
Bright spots like Ghana, with its space program, and Kenya, which boasts more mobile phones than people, as well as homegrown electric car manufacturing, show that there is much to be optimistic about for Africa's future in global trade and investment.