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China-Africa Trade Information Service
As part of the positive outlook for Egypt’s economy, a report by Standard Chartered Bank ranked the Egyptian economy seventh on the list of the world top ten economies by 2030.
Agriculture is Liberia’s comparative advantage and has also been identified as one of our major poverty-alleviation instruments because it will lead us to self-sufficiency in food production and self-employment, as well as open doors for industrialization.
Six textile and garment oriented industrial parks that Ethiopia is currently busy setting up, are expected to generate $30 billion worth of exports by 2025.
China pledged to support Ghana's expansion of the University of Health and Allied Sciences which is located at 180 kilometers northeast of the capital, Accra.
Board Member of Agriculture Investment Network (AIN) Dr. Roland Massaquoi, described agriculture as the only opportunity that would make farmers rich and stabilize the country’s economy.
The International Monetary Fund (IMF) recently predicted that the economies of sub-Saharan African countries will become one of the fastest growing economies in the world this year. The region is expected to have an overall economic growth rate of 3.8%.
This comes as latest statistics show that China is Kenya's largest source of imports for machinery and transport equipment, accounting for Sh291.8 billion. It's followed by India at Sh161.2 billion, Saudi Arabia (Sh138.4 billion) and UAE (Sh126 billion).
Zimbabwe is spending millions of dollars on importing products that it should ordinarily manufacture locally or simply do without, latest figures from the Zimbabwe National Statistics Agency (ZimStat) have revealed.
According to the Ethiopian Investment Commission, Ethiopia announced plans to build four industrial parks by the end of the year.