Industry Dynamics

South Africa's commercial whisky industry has a history of 40 years. Whisky is the most popular spirit in South Africa. The country consumes nearly 39 million liters a year.

The $62 million platinum smelter is the first in the country and part of President Emmerson Mnangagwa's plan to strengthen the country's mining industry.

Lithium is known as "white oil" and is an essential component in the production of high-tech equipment and electric vehicle batteries. The surge in global demand for electric vehicles and batteries has driven demand for minerals such as lithium, graphite, cobalt and copper.

The Senegalese government, led by President Macky Sall, has made renewable energy generation a key pillar of its power generation strategy and hopes to achieve universal access to electricity by 2025.

According to relevant exploration data, the Rukwa Basin in Tanzania may have a large amount of helium reserves.

Since the 19th century, Xuchang has had the reputation of "the capital of wigs". The wig industry has developed vigorously. By 2016, the export volume reached US$1 billion, and China is the world's largest exporter of human hair products.

According to World Bank statistics, the percentage of global exports to GDP has been increasing, from 12% in 1960 to 29% in 2017.

In an attempt to strengthen its ties with China recently, Kenya is seeking to leverage the ongoing 2019 Beijing International Horticulture Expo to access the Asian country's market.

The Tanzania Tourist Board (TTB) said it expects to increase the number of tourists from 1.49 million last year to 2 million next year.