South Africa

Expert Voices

Dozens of countries are in talks to regulate cross-border e-commerce

Illustration: Sarah Grillo/Axios

Seventy-five nations have agreed to participate in World Trade Organization talks, beginning in March, on cross-border e-commerce, one of the fastest-growing and thorniest areas of global trade.

The big picture: Consumer-facing e-commerce has become a $3.5 trillion global market, and some $700 billion of those purchases occur across borders, but there are almost no existing international rules in place for it.

Expert Voices

New NBA league marks growing U.S. influence in African culture markets

Satou Diop dribbles the ball as she takes part in an NBA Academy Africa basketball camp at Maurice Ndiaye Stadium in Dakar on May 11, 2018.
An NBA Academy Africa basketball camp at Maurice Ndiaye Stadium, in Dakar, Senegal, May 11, 2018. Photo: Seyllou/AFP via Getty Images

The NBA announced last month that it would launch the Basketball African League (BAL), marking another advancement for U.S. commercial influence in African markets.

Why it matters: China's development of large infrastructure projects in Africa is often cited as evidence of the country's dominance in its economic rivalry with the U.S. But the U.S. continues to make gains in the creative industries on the continent, as entertainment, media and sports are becoming more important to Africa’s young, urban and increasingly connected population.