Industry Dynamics

The domestic agricultural sector in Ghana is mainly based on subsistence, consisting of 80% of crop production, 10% of livestock, poultry and fishery production and 10% of forestry. The sector accounts for about 45% of the population and about 20% of GDP.

According to a report, Ethiopia and China are cooperating to launch a $300 million new industrial park project.

Road transport accounting for more than 70% of Nigeria's territory and intercity traffic due to the country's poor transportation infrastructure.

The automotive sector in South Africa is the mainstay of the national industrial base and accounts for 6.8% of GDP (4.3% manufacturing and 2.5% retail). South Africa improved its global ranking to 22nd (24th in 2014) in the world with a production market share of 0.68%.

Industry projections compiled by the South African Berry Producers Association (SABPA) puts production at around 17,000 metric tons (MT). If achieved, that figure would mark a year-on-year growth of 45% from last year's 11,700MT - and almost double 2017's figure.

Nigerian Vice President Yemi Osinbajo delivered a speech at the reception of the Chinese investor delegation.

The Ministry of Trade and Industry disclosed that Ethiopia had received $2.67 billion in export trade from its export budget for the last budget year ending July 7, 2019.

The origin of oil palm is in the fringe of wet forests in Africa.

Last week, Kenya's first oil production reached 200,000 barrels, worth 12 million US dollars. Kenya announced to become the latest African country to export oil. President Uhuru Kenyatta announced this significant progress.