India, China poised to capture the market for rice in Africa

Rice is continuously gaining importance as a staple food in Africa. While Africa has vast areas of land that are suitable for rice cultivation, they are underutilized, prompting the African markets to import nearly 40% of its rice requirements at a cost of approximately US$1.1 billion per year. India, the world’s biggest rice exporter, saw 5% broken parboiled rice rise $7 per tonne to $352 to $357 per tonne, as aggressive purchases by...

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Ghana's Automotive market

The automobile sector of Ghana has been a driver of growth of the country as it is one of the most visible sectors to receive foreign investment. Ghana is a multicultural and ethnically diverse West African nation and is the 9th largest African economy. On the Ibrahim Index of African Governance, Ghana ranks as the 7th best economy in Africa, which implies a relative safety of foreign investment in the region. Also, Ghana ranks relatively...

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Cryptocurrency: The Start of an African Economic Renaissance

Cryptocurrencies and blockchain assets are the newest and potentially most promising new asset class.
Cryptocurrencies are gradually being discovered in Africa. In countries like South Africa, Ghana, Kenya, Botswana, Zimbabwe and Nigeria, there is a semblance of digital currencies, primarily bitcoin, taking roots. Blockchain or DLT (Distributed Ledger Technology) can be seen as the solution for Africa’s current...

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DP World to Build and Operate New Logistics Hub in Mali

Mali Logistics Hub to fuel trade in west Africa with simplified procedures and paperless transactions Global trade enabler DP World has signed a 20-year concession with an automatic 20-year extension with the Republic of Mali to build and operate a 1000-hectare modern logistics hub outside of Bamako, the capital and largest city of Mali. The multimodal logistics platform, Mali Logistics Hub (MLH), will have inland container depots (ICD) and...

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Security Firms in Africa Gear for Unprecedented Boom

Per capita, South Africa's private security industry is the fourth largest in the world and South Africans spend more than $4bn a year protecting themselves and their homes. However, despite the growth of the industry, and an increase in the number of active security officers between 2016 and 2017 (472,097 to 498,435) – not all categories of security are equal. The number of security providers in South Africa has increased from...

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Rice Importers in Africa Face New Challenges

According to industry reports, Africa imported 17 million tonnes in the last five years. Many African rice importers import a significant amount of rice for local consumption and regional distribution. However, the relatively small country of Benin has emerged as one of the leading rice importers in Africa.  At Nigeria’s border post of Seme, goods are often smuggled into Africa’s biggest economy from its smaller neighbor...

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Top 10 Imports of Africa

Africa has emerged as an attractive market for export-oriented companies and manufacturers across the world as demand for consumer and capital goods in Africa has been growing at a steady pace in the last few years. The emergence of an affluent middle-class with disposable incomes in many African companies has contributed largely in the increased trade to Africa. If you are targeting the African buyers in new and emerging African markets,...

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African Business Email List | Africa Business List | Africa Business Database | Now available for download

Email marketing to reach African customer and African buyers is gaining popularity as more and more businesses look to expand in the African markets. However, there are very few reliable and authentic database providers that are able to provide accurate and authentic email marketing database for Africa. B2b marketing lists for Africa are mostly not as good as they claim to be.  It is therefore a challenge for exporters across the...

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