Industry Dynamics

In the past two decades, Rwanda has achieved macroeconomic stability and the national economy has maintained a strong growth momentum.

Kenya is fully building an integrated transport network and is expected to improve Kenya's trade connectivity and regional trade through key projects.

Ethiopia, officially known as the Federal Democratic Republic of Ethiopia, is a sovereign state located in the Horn of Africa.

It is reported that Lyu Wei (L), the Deputy director-general of commerce in Shandong province in China, led a Shandong economic and trade delegation to visit South Africa, Tanzania and Kenya.

Nigeria is Africa's largest economy and the most populous country, so China is motivated to ensure that Nigeria's expanding middle class continues to buy Chinese manufactured goods.

According to a report by the 2019 United Nations Environment Programme (UNEP) report , Kenya's green energy sector attracted a record $1.4 billion in investment in 2018, ranking third in the Middle East and Africa.

Tanzania's industrial sector contributes around 25% to the country's GDP and experienced an average annual growth of 8% over the past 5 years. The general industrial structure of Tanzania is comprised of manufacturing (53%), processing (43%), and assembling industries (4%).

Nigeria imported $36.5 billion goods from the world in 2018 with the decrease of -18.3% compared to 2014, but an increase of 26.1% over 2017.

The Government of Tanzania (GoT) is focusing on developing local industries and making large investments in infrastructure and energy sector development, which present opportunities for China exports.