Industry Dynamics

Joe Mucheru, Kenya's cabinet secretary for Information, Communication and Technology, said that the country will not block Chinese firm Huawei from rolling out the 5G network.

According to a report released by the Global System for Mobile Communications Alliance (GSMA), the number of mobile users in sub-Saharan Africa will increase from 456 million at the end of 2018 to more than 600 million in 2025, accounting for about half of the region's population.

North Africa offers Chinese companies the opportunity to "Europeanized" goods, and the North market is more likely to enter the European market than products made in China.

Research by INVICTUS Energy Ltd. (IEL), a UK-based company, indicates that the company's exploration area may have1,3 billion barrels of oil-equivalent, which consists of 200 million barrels of condensate.

The Hohoe Municipal office of the National Board for Small Scale Industries is calling for support towards the establishment of a factory to grow the garment industry in the area.

According to official sources from the petroleum and mineral resources sector, investments in oil production and refining projects in Assiut are estimated at at LE 43 billion.

Mr. Mele Kolo Kyari, new Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), will be at the helm of the state-owned oil company Nigerian Petroleum Technology Association (PETAN) to promote investment in oil exploration activities.

Although African governments are supporting crop insurance to cushion farmers in times of distress, the situation in Tanzania is different, and most farmers still face losses caused by natural disasters.

Investors in Kunshan, Jiangsu Province, are set to build an industrial park in Dire Dawa city of eastern part of Ethiopia, with an investment of more than $500 million.