IMF roots for cross-border Africa trade
The International Monetary Fund is appealing to African countries to open up their local markets to commodities from their regional peers as a long-term solution to persistent food shortages. Last…
Copper price: Chile, Codelco face another lost decade of output growth
Tunnel vision. Chuquicamata mine, Chile. Credit: Codelco. After an early jobs-report bump on Friday in New York, the copper market turned negative by lunchtime, marking its sixth straight session of…
Venaani concerned over massive maize imports
POPULAR Democratic Movement (PDM) leader McHenry Venaani has expressed concern over Namibia’s continued reliance on maize imports. The country imported over N$100 million worth of maize from South Africa and…
Nigeria: N2.74 Trillion Agric Goods Imported Last Year – Senate
THE Senate yesterday frown on the huge amount of money the country was spending on food importation at the expense of post-harvest losses in the country. By Gabriel Olawale Speaking…
Mozambique to Export First LNG
Mozambique is set to export its first liquefied natural gas (LNG) cargo following the arrival of the British Mentor LNG tanker on August 24. The bp-operated tanker will arrive at…
20 African countries with the lowest import tariffs
Almost every African country has some form of trade control in place to protect their local industries/markets. These controls could range from local content requirements to quotas on imports &…
Agro-Processors Urged to Tap Into Continental Trade Platform
The Minister of Trade and Industry, Jean-Chrysostome Ngabitsinze has urged local agro-process manufactures to tap into opportunities offered under the African Continental Free Trade Area (AfCFTA) By Olivia Kageruka He…
Egypt’s non-oil exports jump 20% YoY in H1 2022
Egypt’s non-oil exports surged 20% year-on-year (YoY) during the first six months of 2022, recording $19.353 billion, Al-Gomhuria reported on August 8th, citing data by the General Organisation for Export…
Africa urged to end reliance on food and pharmaceutical imports
Wheat export disruptions from Ukraine have already affected numerous importing countries. The conflict between Russia and Ukraine has worsened commodity price increases. As a result, farmers in Africa face serious…
Tanzania’s strategy to boost wheat yield, reduce imports
As Nigeria faces serious poverty challenges, Hon Obidike Chukwuebuka, Chieftain of the All Progressives Congress, APC, said two out of every three Nigerians live below the poverty line of $1…