Posts tagged ‘African markets’

Diplomats woo Punjab industry to invest in Africa

As per The Economic Times, Botswana’s impressive growth rate of 9.6 per cent in the second quarter in 2011 is indicative of the conducive trade and investment scenario in Botswana.

 

Representatives of Botswana and Ghana were present and interacted with the industry members during a seminar on ‘Business Opportunities in Africa’, organised by PHD Chamber.

It was noted that trade between India and Botswana had grown as compared to last year.

For Ghana, major imports from India are textile materials, garments, agricultural equipment, transport equipment, pharmaceutical products, consumer goods, food grains, machinery and other capital equipment and construction materials.

As per the Ghanaian counsellor Ghana is a stable economy with a privileged geographical position and climate.

 

There has been a tremendous growth in demand from African countries. Kenya, Uganda, Tanzania, Eritrea, Ethiopia, Senegal, Nigeria, South Africa, Zimbabwe, Zambia, Mozambique, Burkina Faso and Congo have emerged as new markets. Africa, all of a sudden, has emerged as the market of tomorrow.

EA trade fair: An initiative to increase African exports.

As per Daily motion, More than 40 exhibitors from all over the world will attend the East Africa International General Trade Fair in Nairobi from August 24 to 27.

The fair currently in its fourth year is supported by leading trade and investment bodies and has been offering a platform for Africa to showcase the best of their export-ready products and services and to seek new markets.

More exports would mean an increase in manufacturing and consequently careers for people in Africa.

The expo will feature workshops and interactive presentations covering international transport and logistics, role of information technology in export/import trade, trade finance, international insurance and export/import compliance and regulation.

Many business personalities and government officials as well as some of the largest investors, trade authorities and entrepreneurs from Africa and overseas will participate in the four-day event.