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China-Africa Trade Information Service
As African consumers and demand have grown steadily over the past few years, Africa has become an attractive market for global export-oriented trading companies and manufacturers.
Nigeria has signed a memorandum of understanding with Chinese firm Shandong Ruyi International Fashion Industry for an investment of $2 billion in Katsina, Kano, Abia and Lagos states.
Zimbabwe government is set to meet senior officials from ZESA Holdings and independent power producers (IPPs) as it seeks to deepen local electricity generation with new focus on renewable energy, particularly solar and wind.
The used car market in the African market in the future has tremendous growth potential. Demand for used cars has soared in many African countries due to rising levels of emerging middle class and disposable income in Africa.
The African continent is currently one of the fastest growing markets in the global tire industry.
Zambia’s sunshine is a major commodity that could help the country as it pursues more avenues of energy generation says Herr Gerd Muller, the Minister of Economic Development of Germany also known by its acronym BMZ.
Zimbabwe is expected to continue relying on electricity imports for the next eight years due to lack of investment in the sector, a leading international think-tank has said.
The cashew industry in Mozambique is one of the largest cashew industry in the world and is promoting healthy economic development.
Ghana government has been urged to take a critical look at the gas production sector by reviewing the pricing system which has a lot to do with the high price of electricity power in the country.