Africa: Ripe for Business: Export to Africa and Reap the Benefits

Currently, 6 of the world’s 10 fastest growing economies are in Africa, and the ease of doing business in Africa is improving to the extent that a good number of countries (including South Africa, Ghana, Mauritius and Tunisia) now outperform China, India, Brazil and Russia. In addition, FDI inflows to Africa have demonstrated year-to-year growth since 2010 and now amount to US$ 50 billion. The key reasons behind this growth surge...

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Kenya Aims To Boost Meat Exports

Kenya plans to boost its meat exports by investing in state-of-the-art slaughterhouses that meet international quality standards. This was announced by none other than President Uhuru at a recent meeting with government officials and business owners recently. “We will begin with the export of live animals but in two years, we should have our own export slaughterhouse. My vision is to revive this important sector,” said President...

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Kigali Sets Up New Logistics Hub

DP World Kigali is a secure, bonded facility spread over13 hectare that will improve imports and exports... DP World and the government of Rwanda have setup a state-of-the-a­ logistics hub, located 20 kilometers from the capital city Kigali, close to the international airport­. The facility is East Africa’s first ever Inland Dry Port developed by DP World.  DP World Kigali is a secure, bonded facility spread over 13...

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Mombasa Port Has A New Rival

Tanzania is building a new port that might challenge Mombasa Port’s status as the shipping, logistics and distribution hub of East Africa. Located about 75 kilometres from Dar es Salaam and 10 kilometres from Bagamoyo town, the new Bagamoyo Port, which upon completion is expected to be the largest in East Africa, is expected to be fully operational between 2020 and 2021. Construction of the port is being carried out through a...

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Nigeria’s Booming Auto Market

With a population of close to 180 million and a GDP of US$493 billion in 2015, Nigeria is the most populous country with the largest economy in Africa. Despite the current economic challenges facing the country due to low oil prices and a weakened currency, Nigeria still reveals robust economic growth of 2-4% in the medium term. Owing to the lack of domestic vehicle production, Nigeria is highly dependent on imports to meet its domestic...

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Construction Activity In Africa Increasing

The face of the African construction industry is changing. Construction projects on the continent are getting bigger and more complex. According to recent reports, this is owing to rapid urbanisation, strong economic growth, a rising middle class and regional integration in many of Africa’s 54 nations. All make for the ever-increasing demand in Africa’s construction industry, as big infrastructure projects get under way on the...

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How to Export to African Countries

In times of economic meltdown, planning which markets of the world to target for exports, the continent of Africa doesn’t always come top of the list. In fact, rarely. Part of that is down to preconceived opinions about the continent. Constant images of war and starvation don’t always make a business believe there are riches to be earned from business dealings on the continent. However the truth is that the economic situation...

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Green Africa Airways signs Africa’s largest aircraft deal with Boeing

Green Africa Airways – the newly launched airline in Nigeria has signed a deal  worth $11.7 billion with Boeing for the purchase of 100 737 Max8 aircraft. The biggest aircraft deal in Africa, is yet to be finalized will be split into 50 firm aircraft and 50 options. The transaction is the second major deal signed by Boeing with a Nigerian airline.   Green Africa Airways is backed by a  group of aviation industry experts...

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Travellers from China to get visas to 35 African countries

Ethiopian Airlines will start helping Chinese visitors process visas to travel across Africa. Beginning in 2019, Africa’s No.1 airline will set up a hub that will allow travelers from China to apply for visas to 35 African countries, the airline’s chief Tewolde Gebremariam told Chinese news agency Xinhua. The scheme is aimed at reducing the process of application especially for citizens who have to travel to embassies located...

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Database of Rice Importers in Africa Released

Africa Business Pages, the leading B2B portal connecting African buyers with global suppliers, has compiled a special directory of rice importers in Africa. The Africa Rice Importers Directory lists major rice importers in Africa from over 40 African countries.  Rice importers in Africa have been buying ever increasing quantities of rice from all across the world in order to meet the rising demand for rice amongst African buyers....

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