Africa's Coffee Industry: Investment Opportunities

Coffee is big business – it is estimated that over 2 billion cups of coffee are consumed around every day around the world. According to rough estimates, over 140 million bags of coffee beans are traded internationally.  Coffee trade is worth over $16 billion globally – making coffee one of the most traded commodities in the world after crude oil. In many developed nations, coffee is no more a luxury drink but a...

East Africa, Foodstuff & Beverages 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Zimbabwe has legalised cannabis cultivation and has withdrawn laws requiring sole state ownership for cannabis farming in an effort to encourage investment in cannabis cultivation for industrial and medicinal uses.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...

Ghana Roundtable Meeting in Dubai: Showcasing Ghana's Potential

Ghana is making concerted efforts to consolidate its growing bi-lateral trade ties with the United Arab Emirates in a bid to further diversify its economy and attract Foreign Direct Investments (FDI) into its various industrial and agricultural sectors. Towards this end, the Ghana Investment Promotion Centre (GIPC) in collaboration with Ghana’s Ministry of Trade and Industry, and the Embassy of Ghana in the United Arab Emirates...

West Africa Read more...

Botswana Tourism Targets Middle East Markets at Expo 2020 Dubai

Amidst optimism and hope in reviving the tourism sector, Botswana Tourism organised a press briefing to announce the Botswana Tourism Month at the Expo 2020 Dubai. Set to be on display until the 8th  of February 2022, the one-of-a-kind showcase promises to highlight the Southern African country as a globally competitive force in tourism with a rich natural resource base and investment potential. The event will showcase Botswana’s...

Southern Africa, Tourism 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...

DP World to Develop Ethiopia's Berbera Corridor

DP WORLD has signed a Memorandum of Understanding (MoU) with Ethiopia’s Ministry of Transport to develop the Ethiopian side of the road linking Ethiopia to Berbera into one of the major trade and logistics corridors of the country's international trade routes.
 
DP World and its partners are expected to invest up to US$1billion over the next ten years in developing the supply chain infrastructure along the...

East Africa Read more...

ADNOC Partners With A-MAP For Distribution of Voyager Lubricants

ADNOC Distribution, the UAE’s largest fuel and convenience store retailer has entered a five-year partnership with Al Muqarram Auto Spare Parts Trading (A-MAP), a market leader specializing in the distribution of quality and reliable aftermarket automotive spare parts, to distribute ADNOC Voyager lubes and greases in the United Arab Emirates, outside of the ADNOC service station network as an Authorised Distributor. This new...

Automobiles Sector Read more...

Kenya Canada Sign Bi-Lateral Trade Agreement

The Kenya Private Sector Alliance and The Canada-Africa Chamber of Business are proud to announce collaboration to promote, support and facilitate bilateral trade and investment opportunities from Canada into Kenya. The first engagement will be a virtual trade mission to Kenya from Canada in May. The 3-year agreement MoU was signed today during the Second Session of the Binational Commission meeting between the Governments of...

East Africa Read more...