Industry Dynamics

In Nigeria, the export markets for flowers, fruits and vegetables are not yet fully mature. Nigeria currently has only one flower for export-Hibiscus.

Since 2013, government agencies have signed or plan to sign contracts worth more than 700 billion shillings for the construction of dams. The construction of a water facility worth 700 billion shillings has been signed or is awaiting signing.

According to reports, Morocco has surpassed South Africa to become the leading car manufacturer in Africa. In 2017, the number of passenger cars in Morocco was 345,000, surpassing 331,000 in South Africa.

Tourism is one of the main drivers of economic growth and job creation in emerging economies around the world. Africa's unique history and natural wonders are increasingly favored by tourists and investors.

THE Federal Government has launched a report designed to enhance the contribution of the solid minerals sector to Nigeria’s revenue and Gross Domestic Product, GDP.

Ghana's current economic development has been greatly contributed by many industries in the country. The success of Ghana’s industrial-listed services and manufacturing has created many jobs, thus minimizing poverty in the country, as many people are able to meet their daily need...

The herbal medicine industry in Ghana is growing rapidly. Many people are increasingly aware of the efficacy of traditional medicinal plants and herbs and as an alternative treatment for many diseases, including piles, malaria, snake bite, coughs, and infertility, among others.

A senior oil ministry official said last week that the crude oil deposits discovered in Kenya were not enough to build a refinery.

The rise of the fast fashion industry in the past few years has driven the booming of the second-hand clothing industry. Second-hand clothing markets in Ghana, Nigeria, Côte d'Ivoire, Tanzania, Benin, Uganda and Kenya are active in trading.