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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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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