Why China Dominates the African Markets

Chinese goods have been gaining increasing popularity in the African markets and Chinese companies are exporting in huge quantities of a wide variety of products directly into many African countries. In the last few years, China's trade with Africa has been growing with leaps and bounds, as has Chinese investments into several African nations. In 2018, China-Africa trade reached US$204.2 billion, up 20 percent year-on-year, and...

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Why African Buyers Prefer to Buy from Dubai

A large number of African businesses use Dubai as their supply source. As a result, traders, merchants, manufacturers is Dubai have been eager to attract African buyers and have been doing roaring business in the African markets. The reasons why African buyers throng to Dubai are many. To start with, the lack of a reliable and well established manufacturing base in many African regions has forced both, African businesses as well as consumers,...

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The Market for Furniture in Africa

With the growing population in Africa demand for home and office furniture is simultaneously increasing. When people move into a new home, they need a bed to sleep on, wardrobes for their clothes, chairs, a dining table, sofas, kitchen cabinets and all kinds of furniture. Like households, offices also buy a lot of furniture too.  African is fast emerging as an important market for furniture on a global scale. Total furniture imports into...

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Airbnb Challenging Monopoly of Hotels in Africa

  Airbnb is giving tough competition to Africa's overpriced hotels and has become a serious threat for the hotel industry in many African countries. Many hotel chains are putting pressure on African governments to regulate the world’s biggest accommodation-sharing site: Airbnb. Recently, South Africa’s hotel federation claimed that Airbnb was taking business away from registered hotels and eating into their...

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Boom Time for Africa's Aviation Industry

Africa’s aviation industry is experiencing a boom time as the continent continues to increase airline frequency to the GCC and other destinations around the world. Undoubtedly, the potential for the aviation sector in Africa is immense as the African aviation industry continues to provide new opportunities for growth and expansion. The International Air Transport Association (IATA) projects that the African continent will become...

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Nigeria: Economic Recovery Will Open New Business Opportunities

New economic measures adopted by the recently re-elected government of Muhammadu Buhari will try to expand Nigeria's economy away from oil income dependence and focus on consolidating Nigeria's manufacturing base – thereby opening new business opportunities for overseas suppliers and investors. Nigeria's population and gross domestic product is projected to reach 399 million people and cross $3.3 trillion by 2050. However,...

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Africa: Ripe for Business: Export to Africa and Reap the Benefits

Currently, 6 of the world’s 10 fastest growing economies are in Africa, and the ease of doing business in Africa is improving to the extent that a good number of countries (including South Africa, Ghana, Mauritius and Tunisia) now outperform China, India, Brazil and Russia. In addition, FDI inflows to Africa have demonstrated year-to-year growth since 2010 and now amount to US$ 50 billion. The key reasons behind this growth surge...

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Kenya Aims To Boost Meat Exports

Kenya plans to boost its meat exports by investing in state-of-the-art slaughterhouses that meet international quality standards. This was announced by none other than President Uhuru at a recent meeting with government officials and business owners recently. “We will begin with the export of live animals but in two years, we should have our own export slaughterhouse. My vision is to revive this important sector,” said President...

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