Africa's Print Industry: New Opportunities

Africa is indeed experiencing a significant shift towards digital printing, which is quickly overtaking conventional analog printing in various sectors such as packaging, advertising, and publishing. This trend is not only transforming the printing industry but also creating long-term revenue opportunities for businesses operating in these fields. There are indeed an estimated 2,000 commercial printing companies operating in Africa, ranging...

Business Outlook, Stationery & Paper Read more...

African Buyers Investing in Dubai Real Estate

African buyers are snapping attractive deals in Dubai's fast-changing real estate market. Investors from Nigeria, for instance, have been among the top buyers of property in Dubai from Africa.  African investors buying property in Dubai range from those fleeing high interest rates or economic uncertainty to super rich VVIPs, who include Africans looking for a safe haven for their money or to relocate to a safer and more attractive...

Business Outlook Read more...

Zimbabwe Legalises Cannabis Farming to Boost Economy

Zimbabwe has legalised cannabis cultivation and has withdrawn laws requiring sole state ownership for cannabis farming in an effort to encourage investment in cannabis cultivation for industrial and medicinal uses. Demand for cannabis is projected to grow worldwide while tobacco output is expected to decline 15% by 2030, according to Meanwell Gudu, the CEO of Zimbabwe’s Tobacco Industry and Marketing Board. “One of the alternative...

Business Outlook, Pharmaceuticals, Southern Africa Read more...

Africa's Booming Gold Trade

In another instance of the African awakening, efforts are now underway by several African governments to keep a stricter control on the African continent’s large gold deposits and mineral wealth. The aim is to to add value to African minerals before exporting them. Over the years, many African countries have been exporting a wide variety of minerals and other natural resources to earn much needed foreign exchange to boost their...

Business Outlook, East Africa Read more...

Africa & The Internet

While Internet penetration in Africa is growing steadily, the gap between urban-connected people and the digitally disenfranchised rural population is a growing cause for concern. The issue dominated proceedings at the recent AfricaCom, the continent’s largest B2B high-tech expo, which was recently held in South Africa. Conference participants believed that mobile technology wasn’t necessarily the solution to the particular...

Business Outlook Read more...

East African Countries Introduce Stricter Checks on Cargo Movement

The East African states of Kenya, Rwanda and Uganda have introduced stricter cargo movement measures aimed at containing the cross-border spread of Covid-19, following a rise in cases attributed to contamination by cross-border truck drivers. In Kenya, the Kenyan Revenue Authority (KRA) mandated all cargo truck drivers and their crew subject themselves to virus screening at border points. Furthermore, the KRA requires that all traders ensure...

Business Outlook, East Africa Read more...

Djibouti: East Africa’s Emerging Trading Hub

Home to a small population of less than one million, Djibouti is one of the smallest countries in East Africa, strategically located at the mouth of the Red Sea. With few natural resources and little industrial activities, Djibouti’s economy depends heavily on logistics services and trade through its international port.  In a bid to transform itself into a commercial trading hub for the broader region, the country has...

Business Outlook, East Africa Read more...

Africa Might Emerge As A Major Supplier of Halal Food

With the Belt and Road Initiative poised to transform market access across Asia, potential partnerships with African companies are opening as they seek to target Asian consumers. In particular, many South African halal food producers have high hopes that Hong Kong could prove the ideal gateway for boosting their exports across the region. By 2030, the global Muslim population is estimated to number some 2.2 billion, representing about a...

Business Outlook, Foodstuff & Beverages Read more...
Africa Foodstuff Importers Database