African Business News

‘Export of perishables through NAHCO has grown over 10% since 2016’

Cargo exports in Nigeria have continued to increase since the devaluation of naira and implementation of certain policies deliberately to facilitate exports. Seyi Adewale, chief commercial officer, Nigerian Aviation Handling Company Plc (nahco aviance) talks to Ifeoma Okeke on some of the products that are gaining traction outside Nigeria and how best to improve exportation in Nigeria. Excerpts.

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Will Morocco Become a Gas Exporting Country?

Morocco, which imports the majority of its fuel needs and spends 10-12 pc of its gross domestic product on energy bills, bets heavily on renewables to meet its rapidly growing demand and honor its international commitments to combat climate changes.

But will this North African country turn into gas exporter? It seems that the British company Sound Energy is upbeat about its gas finds in Morocco and about its future in this country.

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Ethiopia sets up 3 livestock quarantines to boost sectors’ exports revenue

The reported 3 livestock quarantines, with a collective capacity to host over 42,000 export-ready cattle concurrently, have a combined construction cost of 210 million Ethiopian birr (close to 9.1 million U.S. dollars), according to Abrham Tesfaye, the Ministry’s public relation head.

While the livestock sector is an important subdivision within the east African country’s economy in terms of its contributions to both agricultural value-added and national GDP, recent drought has wrecked havoc on Ethiopia’s cattle population.

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'Namaskar 2017' expo aims to boost India-West Africa trade

A three-day "Namaskar 2017" exposition, to be held in Accra later this month, aims to brand India as a leading economic player and partner of the West African region and boost two-way trade.

It will help facilitate Indian investments into Ghana and neighbouring West African countries, create awareness about the best Indian technologies and products in the region as well as explore opportunities offered by the region, leading Indian industry lobby Ficci said.

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