Industry Dynamics

Ghana to establish $2.8 billion pulp mill to boost the paper industry and exports to the West African sub region.

A United Nations report shows that foreign investment in sub-Saharan Africa increased by 13% last year to $ 32 billion, reversing the global downward trend in the past two years.

Ghana will provide automakers with local factories with up to 10 years of tax breaks in an attempt to attract international automakers such as Volkswagen AG and Nissan Motor Co.

On November 19, the International Trade Center (ITC) organized a project under the Partnership for Investment and Growth in Africa (PIGA) project.

Africa is one of the fastest growing markets in the world, and demand for cosmetics is growing at a frantic pace.

The rapid development of Kenya's pharmaceutical industry provides excellent opportunities for exporters and manufacturers. Kenya is currently the largest pharmaceutical producer in the COMESA region, supplying about 50% of the pharmaceutical market in the region.

According to data obtained from the export website, Nigeria imported USD 60 million worth of agricultural machinery between January and November 2018, which was USD 10 million higher than the same period in 2017.

Nigeria has rich land resources with an area of 923,800 square kilometers, of which 60 million hectares of arable land (including abandoned land).

According to a new survey by real estate company Knight Frank, demand for serviced office space in Kenya continues to grow and is expected to grow faster in the coming years.