Category: Africa

Jul 02

Finding Business Opportunities in African Continents

The African continent, with its rich cultural diversity, vast resources, and rapidly growing economies, has emerged as a hub for business opportunities. The 21st century has witnessed significant growth and development across the continent, making it an attractive destination for investors and entrepreneurs alike. The various avenues for identifying and capitalizing on business opportunities in African countries. Before delving into any market, it is essential to conduct a thorough assessment of the economic trends in the target region. Africa’s economy Read Full Details…

Jun 02

Tunisia approves $500m loan from African Export-Import Bank to finance 2023 budget

The Tunisian parliament’s House of Representatives approved the draft law relating to the approval of the loan clauses, which were concluded in an agreement between the Tunisian government and representatives of the African Export-Import Bank on April 4. “The loan is a temporary solution for Tunisia’s current crisis,” MP Malik Kammoun told The National. “We are aware that the ongoing economic crisis necessitates a strategic development and investment vision, however, it is impossible to be patient amid the current status Read Full Details…

May 11

The African Continental Free Trade Opportunities

The African Continental Free Trade Area (AfCFTA) is a free trade agreement between African Union member states that aims to create a single market with free movement of goods, services, and people. This agreement has the potential to create a number of opportunities for businesses and entrepreneurs throughout the continent. The key opportunities presented by the AfCFTA : Increased Trade The AfCFTA presents an opportunity for businesses to increase trade within Africa. Currently, African countries trade more with countries outside Read Full Details…

May 08

Exim Code Code 7602 Scrap Waste top export and importing country worldwide

Exim code 7602 refers to scrap and waste of aluminum, which is widely traded around the world. The export and import of this commodity have become a crucial part of the global economy, as it is used in various industries such as construction, transportation, and packaging. The top export and importing countries of scrap waste under Exim code 7602. Top Exporting Countries of Scrap Waste (Exim Code 7602): Top Importing Countries of Scrap Waste (Exim Code 7602): Conclusion: The export Read Full Details…

Apr 14

The African Continental Free Trade Area: Opportunities in 2023-2024.

In 2018, African leaders signed an agreement to create the African Continental Free Trade Area (AfCFTA), which aims to create a single market for goods and services on the African continent. The AfCFTA officially came into effect on January 1, 2021, and it has the potential to transform the African economy by creating new opportunities for businesses and individuals across the continent. As we move into 2023-2024, there are several key opportunities that the AfCFTA offers to those looking to Read Full Details…

Apr 10

Non-Traditional markets like Africa, Latin America, and the Oceania region international trade opportunities

International trade is an essential driver of economic growth and development for many countries around the world. Traditionally, the focus has been on trading with developed economies such as the United States, Japan, and the European Union. However, non-traditional markets like Africa, Latin America, and the Oceania region offer significant opportunities for international trade. Africa Africa is a vast and diverse continent with a growing population and increasing consumer demand. The continent has enormous potential for international trade, with abundant Read Full Details…

Apr 06

Mining for energy: Africa must seize the green moment

Africa has a once-in-a-lifetime opportunity to boost its development through the massive global demand for its fabulous trove of the minerals the world needs to power a green energy transition. But will Africa seize the opportunity or let it slip – either by failing to exploit the rare minerals fully, or allowing them to be exploited by others with little benefit for Africa’s people? This was a key theme of the African Mining Indaba 2023 in Cape Town this week. Read Full Details…

The growth scenario and opportunities in foreign trade with Project export import
Apr 05

The growth scenario and opportunities in foreign trade with WTO member countries in 2023-2024

Introduction:Foreign trade has become an integral part of the global economy, enabling nations to access new markets, products, and services. The World Trade Organization (WTO) has been instrumental in promoting free trade, economic growth, and development among its member countries. As we look ahead to 2023-2024, it’s important to assess the growth scenario and opportunities in foreign trade with WTO member countries. Growth Scenario:The global economy is expected to recover from the pandemic-induced slowdown, with a projected growth rate of Read Full Details…

Mar 22

Focus of Africa Agricultural Cultivated Product Exports -Research

Africa is a continent that is endowed with vast agricultural resources that have the potential to contribute significantly to economic growth and development. However, for many years, Africa’s agricultural sector has been characterized by low productivity and limited access to international markets, which has hindered its potential for growth and development. In recent years, however, there has been a growing focus on increasing the exports of Africa’s agricultural cultivated products to international markets. This focus has been driven by several Read Full Details…

Mar 02

Survey of laws helps African countries remove hurdles to trade in services

Policymakers have traditionally focused on manufacturing-led development as the means to improve incomes and reduce poverty. But services are now taking center stage. Services account for about half of the workforce in low and middle-income economies, up from about 40 percent in the 1990s. That increase has almost offset the decline in the share of workers in agriculture. The share of workers in manufacturing, meanwhile, has remained almost unchanged. Services – ranging from transport and telecommunications to health and education Read Full Details…