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China-Africa Trade Information Service
Representatives from the Ghana Investment Promotion Centre (GIPC) set to leverage on the opportunity created by this year’s Annual Investment Meeting (AIM) to attract potential direct foreign investors to Ghana’s economy.
Rwanda has emerged as one of Africa‘s fastest growing economies in recent years attracting a growing number of investors who want to set up businesses in the country.
According to 2017 statistics released by the International Monetary Fund (IMF) in 2018, Nigeria and South Africa are the largest economies in Africa with a combined GDP of around $750 billion.
Algeria plans to issue several tenders for renewable energy projects this year as it seeks to meet growing demand for electricity and save gas for export, an official said on Monday.
China has spent $2,5 billion on Zimbabwe, which is by far the highest amount of money it has ever advanced to any African country.
Two economic zones set up by Chinese enterprises in Zambia have paved the way for the creation of over 8,000 jobs in the country.
The Ethiopian Investment Commission (EIC) said it has issued licenses to 94 foreign investment projects in the last five months who registered a total capital of 23.6 billion birr ($843 million at current exchange rate).
According to relevant data, the value of goods ordered by the Kenyan factory increased by Sh62.88 billion in the 11 months to November 2018, marking the first rebound after Kenya's import downturn.
Compared to the previous year same period the income has declined by 10%. Ethiopian export income has been declining over the past several years from around $3.1 billion in 2010 to around $2.8 billion last year.