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...

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Senegal to Develop New Port at Ndayane

Trade enabler DP World, a global provider of end-to-end logistics solutions, and the Government of Senegal, have signed agreements for the development of a deep water port at Ndayane, approximately 50kms from the existing port and near the Blaise Diagne international airport. The new port will further reinforce Dakar's role as a major logistics hub and gateway to West and North West Africa, and support the realisation of His...

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New Terminal at Abidjan Port

Construction of the Port of Abidjan’s second container terminal, the Côte d’Ivoire Terminal (CIT), will boost the competitiveness of the Port of Abidjan by adding an additional annual capacity of 1.2 million TEU from its first phase of development. Located adjacent to the existing Abidjan Terminal, the new terminal With an area of 37.5 hectares, the CIT will also be able to offer greater capacity for handling goods at...

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Nigeria's Booming Consumer Market

Nigeria has been making steady progress in diversifying its economy away from the oil sector. In light of the Nigerian government’s “Nigeria Vision 20: 2020”, it aims to increase the share of the manufacturing sector in economic output to 15-30% and the services sector to 45-75%, while lowering the shares of agriculture and oil. Aside from providing sources of economic growth, diversification also helps the country reduce...

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Facts You Must Know About the Nigerian Market

Nigeria is a key African market, accounting for almost half of West Africa’s population, and the country boasts one of the largest youth populations in the world. The country also has an abundance of natural resources, with vast oil and gas reserves, and significant agricultural potential. Nigeria is a member of the Organization of the Petroleum Exporting Countries (OPEC) since 1971.  Nigeria ranks as the largest oil...

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Senegal Joins Dubai's World Logistics Passport Initiative

Senegal is to boost its position as a trade hub for Africa by joining the World Logistics Passport, a major initiative by Dubai to link nations around the world and increase South-South trade. The framework agreement was signed by His Excellency Amadou Hott, Minister of Economy, Planning and Cooperation, the Government of Senegal, and Sultan Ahmed Bin Sulayem, Chairman of Dubai's Ports, Customs and Free Zone Corporation. Thanks to the...

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Facebook to Open its New Office in Nigeria

As part of its continued commitment and ongoing investment in Africa, Facebook (www.Facebook.com) today announced it will be opening an office in Lagos, Nigeria - its second office on the African continent. Aimed at supporting the entire Sub-Saharan Africa region, the office is expected to become operational in H2 2021 and will be the first on the continent to house a team of expert engineers building for the future of Africa and...

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Ghana: The Automotive Hub of West Africa

With the imminent ablishment of trade barriers under the African Continental Free Trade Area (AfCFTA), Ghana is poised to overtake Nigeria by becoming a gateway to the rest of West Africa, and a market leader in new car sales. The government of Ghana is also offering 10-year tax breaks to the automotive manufacturing industry in a bid to make Ghana the regional hub for car assembly and boost car sales in the local and regional...

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