Economic relations between Switzerland and the African continent are thriving. According to the Swiss-African Business Circle (SABC), trade between the two parties reached 16.2 billion Swiss francs in 2019, up 14% on 2018. A strategic partner of Switzerland, Africa is one of its main economic partners. Over the past year, 80% of trade took place with seven trading partners: Morocco, Egypt, South Africa, Nigeria, Tunisia, Algeria and Libya.
Aware of the enormous potential of the African continent, Switzerland fully intends to adopt an ambitious approach aimed at creating mutually beneficial cooperation and further developing the close and diversified relations between Switzerland and Africa.