Industry Dynamics

Due to the shortage of corn on the market, Kenya predicts that feed prices will reach the highest in three years.

It is reported that in recent years, Namibian timber exports to China have increased significantly. Compared with 22 trucks in 2015, Namibian timber has reached 208 trucks in the first two months of this year.

Transportation in sub-Saharan Africa is almost entirely fuel-based. This not only imposes a cost burden on local residents, but also imposes a heavy financial burden on countries. Residents in Nairobi use 14%-30% of their income for transportation.

Nigeria is rich in mineral resources and is sufficient to support the development of the ceramic industry. However, the country expects imports of ceramic products this year will reach 800 million US dollars, higher than the 600 million US dollars in 2014.

Participants in the Kenyan automotive industry hold a meeting with the Kenya Bureau of Standards (Kebs) in order to reach a consensus before the proposal to reduce the maximum age limit for imported second-hand cars in Kenya (8 years) to 5 years and also review the emission level...

According to statistics from Kenya, the sugar shipped from Uganda in February increased 30 times compared with the same period last year.

Africa is one of the fastest growing consumer markets in the world. In recent years, household consumption has grown even faster than Africa's GDP, and the average annual GDP growth rate has consistently exceeded the global average.

Africa is rich in oil and natural resources and has an important strategic position. In the past few years, some products have caused global concern, and the demand for external exports has increased and caused serious domestic shortages or price increases.

Ghana's Vice President, Dr. Mahamudu Bawumia and the Prime Minister of Guinea, H.E Ibrahima Kassory Fofana announced after the India-Africa partnership project that Ghana and Guinea will begin discussions on bilateral cooperation in the development of the bauxite industry.