Africa-EU – International trade in Goods Performance

In 2020, the largest trade partner for Africa was the EU with 33% of exports to, and 31% of imports from non-African countries. In both cases, China was the second largest partner with 17% of exports and 22% of imports. Trade among African countries accounted for 18% of total (intra + extra) African exports and […]

5 Things to Consider Before Setting Up your Import Business

With the rise of digital technology and better shipping routes, global trading has become one of the most profitable industries globally. In 2018, Africa alone imported $273,346 million worth of goods and its exports were valued at $281,847 million. As a result, many young entrepreneurs are drawn to this line of business, particularly in frontier […]