Industry Dynamics

Until October 2018, Rwanda's mobile phone users reached 9,665,544, but most of them did not use smartphones and the Internet penetration rate in Rwanda has reached 47.7%.

South Africa has been a major producer of gold in Africa for decades, but it has changed. Recent research shows that Ghana has now toppled South Africa to become the leading producer of the precious commodity on the continent.

The South African and Zimbabwean governments plan to increase corn imports as bad weather weakens the harvest in southern African countries.

In the small landlocked countries of East Africa, which lack natural resources and competitive industries, Rwanda's economy performed well, with an average annual growth of 7.9% between 1995 and 2014. Its stable political environment and economic growth have attracted more and mo...

Experts in the industry said Zimbabwe is preparing to significantly increase chromite exports from this year due to strong growth in chromite ore and ferro-chrome production.

The South African boat building industry currently earns more than R1 billion per year. Cape Town is not only the largest shipbuilding city in South Africa, but also the second largest producer of catamaran in the world.

China intends to import more agricultural products from Zimbabwe. It is reported that China not only imports the bulk of the country's tobacco, but also is interested in horticultural products such as citrus fruits, tomatoes and avocadoes, among other commodities.

Limited power supply and frequent electricity outages are major obstacles to economic growth and poverty reduction in Africa. More than two-thirds of the population in sub-Saharan Africa is short of electricity, and in rural areas this figure has grown to more than 85%.

South Africa is currently one of the top 10 most famous wine producing regions in the world, with South Africa producing wines accounting for 4.1% of the world's total production (2015), ranking eighth.