New Scaw steel mill to replace R4bn imports
More than R5 billion has been invested in the new steel plant at Scaw. Scaw Metals has invested R5 billion in the development of a new steel mill in Johannesburg,
WTO Inaugurates $1.2m Project To Improve Nigeria’s Agro Export
The World Trade Organization has launched a project of an initial $1.2 million aimed at building the capacities of stakeholders across the sesame and cowpeas value chains. The Director General
IRCS to export medical supplies to African countries
TEHRAN –The Iranian Red Crescent Society (IRCS) is going to export medical supplies and equipment to seven African countries, an official with the IRCS has said. The first shipment of
Growth seen in U.S. hardwood lumber exports to MENA and South Africa
The American Hardwood Export Council (AHEC) has announced an encouraging first three quarters growth in U.S. hardwood lumber exports to the Middle East and North Africa (MENA) region, according to
Kenya Strengthens Intra-African Trade with Record Export Growth
Kenya’s trade with other African countries grew by 26% in the first seven months of 2024 compared to the same period in 2023, according to a recent report by the
Naamsa: Local car sales soar as export market faces headwinds
South Africa’s domestic sales reached their highest monthly total of the year in October, while exports continued to decline sharply. This was according to naamsa | The Automotive Business Council’s
Afreximbank, Woodhall Sign $25m Facility to Support Export Businesses
Woodhall Capital, a financial Services firm, has signed a $25 million loan facility with the African Export–Import Bank (Afreximbank) to provide a support vehicle for Nigerian SMEs entering export markets.
Kenya drops in ranking as UAE becomes Uganda’s top export market
The United Arab Emirates is Uganda’s top source of export earnings UAE makes up 97.46% of Uganda’s exports to the Middle East, with Israel, Saudi Arabia, and Jordan sharing the
U.S. regains apple market share in Taiwan due to South African export suspension
Taiwan imports over 135,000 MT of apples annually with domestic supply less than one percent. Post expects that MY 2024/2025 Taiwan apple imports will return to 145,000 MT with domestic
Saudi EXIM and Africa Finance Corporation Partner to Boost Exports and Investments across Africa and Saudi Arabia
Saudi EXIM and AFC sign MoU to boost exports, explore investment opportunities, and foster economic ties aligned with Saudi Vision 2030. The Saudi Export-Import Bank (Saudi EXIM) and Africa Finance