China Develops New Model To Reach New Markets In Africa

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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Business Opportunities In Africa

Africa is the second largest continent and demand for consumer and capital goods is always high in the local markets. Most African economies rely on imports to satisfy the needs and requirements of their large population. If you want to export goods and products to Africa, good research and knowledge of the legal regulations are a must for your success.  The IMF estimates that economic growth in sub-Saharan Africa will cross 6.5% in...

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Africa: The Next Destination for Business

With 54 countries, Africa is a large continent with tremendous economic growth, investment, and rapidly rising living standards. Today Africa offers a host of opportunities for entrepreneurs and businesses across the world as it marches towards a better economic future. All across the African markets, national and regional economies are steadily accelerating their growth and attracting foreign investors from all across the world. This...

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The Internet In Africa: Business Opportunities

Only a quarter of Africans have access to the Internet, but the region is seeing the strongest growth, according to latest statistics. For the first time, more than half of the world’s population is now using the Internet  and it is estimated  that 51.2% of the global population, or 3.9 billion people, are now connected to the Internet. However, the strongest growth is reported in Africa, where the percentage of people...

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Business Ideas For African Market

Africa is a highly resourceful continent with a great return on investments if you can be able to strategise and tap into the huge market. With a population that is almost equal to 1 billion people, your market cannot be bigger. The problem, however, being faced by a lot of people is knowing the right African business idea to invest in. It may be a bit more challenging for those who may not fully understand the African market to invest in...

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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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Google Shopping In Nigeria

Google will launch Shopping Ads in Nigeria to make it easier and faster for shoppers to find and purchase products online, while also improving their transaction experiences.
“We are excited to be launching Shopping ads in Nigeria. Shopping ads include photos and prices to help consumers find the products they are looking for and enable advertisers to reach consumers who are looking to buy,” reads a statement by the...

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Nigeria Uses Drones For Delivery

Nigerian-based medical logistics startup, LifeBank will be adding drone delivery to its methods of transportation. The company is the first African-led company to implement Beyond Visual Line Of Sight (BVLOS) flights for healthcare logistics. Unlike Visual Line Of Sight (VLOS) flights where the pilot has to see their unmanned aerial vehicles (UAVs) or drones at every time, for BVLOS, drones can go beyond the sight of the pilot without human...

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Uganda Starts Manufacturing Mobile Phones

The Ugandan government recently launched a mobile phone and computer manufacturing plant in the Namanve Industrial Park. Heralded as a turning point in positive foreign direct investment, this move would also drastically reduce the cost of importation of technology and ensure job creation opportunities for Ugandans. The factory built by Chinese Electronics firm ENGO Holdings Limited will produce 2,000 mobile phones, 1,500 Smart phones and 800...

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Ethiopia to export water to UK

Garanba Bottling, a subsidiary of B&C Aluminum Plc that bottles South Spring Water in Ethiopia, has signed a deal with a UK-based company to export US$1m worth of bottled water to the United Kingdom. Garanba Bottling was established with an investment of US$12.5million in Aregobena Wereda of Sidama Zone. It operates with 310 employees and has the capacity to produce 16,000 bottles of water an hour. According to media reports,...

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