Top Headlines

According to a UN report, in the context of the global economic downturn, foreign investment in sub-Saharan Africa has bucking a global downward trend and reversing two years of decline, rising 13% last year to reach $32 billion.

China leads the United States of America in importing goods to Nigeria, accounting for 26.4% of the country's total imports during the period from January to March 2019.

Janet Kwamboka, manager of a travel company in Nairobi, is pleased with the prospect of Africa attracting more Chinese tourists in the near future.

According to the April report of the Ministry of Finance, Uganda sold more goods to the East African Community,the Rest of Africa, and the rest of Europe than it did in March.

Now that the African Free Trade Area (AfCFTA) has entered into force, one path to success will be effective AfCFTA implementation and better national ownership and consistency with the 2063 agenda of the African Union's socio-economic transformation strategic framework.

In the early stages of political independence, many countries in Africa were major exporters of agricultural products.

According to Uganda's bank, Uganda's imports in March were worth $874 million (Shs3.2 trillion), the highest in February of $608 million (Shs2.2 trillion).

Over the years, Zimbabwe's export earnings have come mainly from raw materials from primary industries such as mining and agriculture.

According to relevant research, there are 2,599 foreign direct investments (FDI) by South African companies in other parts of the African continent.