Industry Dynamics

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.

Recently, the Natural Power SX high-energy beverage produced by Zambian beverage manufacturer Revin Zambia Limited will be removed from the Zambian store and further production is prohibited.

In order to attract more foreign direct investment, about 30 South African businessmen will travel to Ghana this week to find trade and investment opportunities.

Africa's population is growing rapidly and needs to produce enough food to feed a growing population.

According to estimates by the Food and Agriculture Organization of the United Nations (FAO), beef consumption on the African continent will increase by 200% between 2015 and 2050, while poultry consumption will increase by 211% and pork consumption will increase by 200%.

Kenyans have for the last three months been forced to dig deeper in their pockets to enjoy a meal flavoured with tomatoes.

Officials from the UN Environment Program (UNEP) said that Chinese companies and governments have taken the lead in cooperating with Kenyan authorities to promote the use of clean vehicle technology in Kenya.

Kenya protested the price ceiling imposed by the Iranian government on tea exports to the country.