Kenya’s Blooming Flower Industry

Kenya's economy largely relies on the agriculture sector. Horticulture sub-sector is one of the top foreign exchange earners for the country generating approximately US $ 1 billion annually. The sub-sector contributes roughly 1.25% to the national GDP while flower exports contributes nearly 1% from the flower industry. It has grown in significance to a vibrant flower industry worldwide. The flower industry is also one of the largest...

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Ethiopia's Untapped Gold Deposits

In today’s Ethiopia, gold is the mineral that is the biggest hard currency earner for the country. Although Ethiopia exports other minerals including sapphire, opal, tantalum, emerald, gemstones, and marble, gold has become a focus for Ethiopia a priority sector to transform the country’s economy. The government of Ethiopia wants to use the sector as an engine of growth to propel the country’s economic growth. It hopes to...

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Djibouti Port: Trade and Logistic Hub for Africa

More than a century ago, when the old Port of Djibouti was built by the French colonisers, it was connected with a railway that linked Addis Ababa to Djibouti City. Given the size differences of the two countries – today Ethiopia’s population is more than 100 million, while Djibouti’s is less than 1 million – the port was never about trade with Djibouti, but trade with Ethiopia. It is no coincidence that today, the...

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Africa’s Food Market Could Be Worth $1 Trillion by 2030

Farmers in Africa and agri-businesses sector in Africa could be worth a trillion-dollars by 2030 if given proper access to more capital, electricity, better technology and irrigated land to grow high-value nutritious foods, and if African governments can work more closely with agribusinesses to feed the region’s fast-growing urban population, according to a new World Bank report. According to the Growing Africa: Unlocking the...

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Lead Generation from African Buyers: Promotion Plans by Africa Business Pages

Lead Generation Services by Africa Business Pages: Get 300 Business Inquiries from African Buyers Africa Business Pages has launched a deciated Lead Generation Service to help small business owners as well as large business conglomerates to reach potential buyers in the African markets through a dedicated digital marketing plans. The Silver Plan, for instance, can fetch as as many as 300 pre-qualified leads from African buyers per month at...

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Consumer Spending In Africa Continue to Grow

With a growing young population coupled with rapid urbanisation and fast-growing consumer expenditure, Africa offers attractive opportunities for entities wishing to expand into new frontier markets. Retailing contributions to GDP across the region continue to increase, indicating that the region is consumption-driven. Retail sales in the Africa amounted to over USD500 billion in 2019. Key retailing markets included South Africa, Egypt,...

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The Booming Markets In Africa

Many African countries have been increasing their spending on infrastructure such as airports, cities, hotels, ports, roads, bridges, hospitals, and power plants. Both west and east African countries continue to implement major infrastructure projects such as the Trans-African Highway network. This project is comprised of a transcontinental road which aims at integrating the region’s transport corridors to meet the growing demand for...

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Ethiopia Opens Up Logistics Sector

The Ethiopian government has opened up its logistics sector to foreign investors for the first time, in the form of joint ventures with local firms. The country wants to attract at least $120 million of foreign direct investment into the sector by 2021. Meanwhile, the state-owned Ethiopian Shipping & Logistics Services Enterprise (ESLSE) is to be part-­privatised, and the state railway company, the Ethiopian Railway Corporation,...

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The Business of Diamonds in Africa

Diamond is undoubtedly the rarest and most precious mineral resource. It is very expensive and can only be afforded by the extremely rich, especially in its refined state. Diamonds are used to produce so many durable and beautiful and valuables including very fine and costly jewelries and ornaments. The affluent men of the society who are able to afford jewelries made of diamonds like showing them off in social gatherings to attract...

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Best Places to Live and Work in Africa

Investing and starting a business and living in Africa is different than anywhere else in the world. The few countries with western-style economic freedom are not even on the continent; Mauritius is ranked the nearly makes the list of the top 20 free economies in the world, but is literally an island in Africa. The biggest challenge to finding the best places to work and live in Africa is reliable information. While indices tracking...

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