Rising trade between Dubai and Africa has prompted the Dubai Chamber of Commerce to announce the opening of two new offices in Africa in 2016. The two offices will be in Nairobi (Kenya) and Maputo (Mozambique) and should be fully operational in the first quarter of 2016. The Dubai Chamber of Commerce already has representative offices in Addis Ababa (Ethiopia) and Accra (Ghana).
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Dubai has emerged as one of the leading supplier of goods to many countries in Africa. Certain trade sectors have reported substantial increase in demand from African countries in the last few years. Many Africans are now travelling to Dubai in increasing numbers to purchase goods and to make direct contacts with suppliers and manufacturers. The improving economic and political situation in many East African countries has resulted in greater buying power for the average person in Africa and has in turn boosted demand for consumer goods.
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As more and more avenues for trade to Africa open up, the need for promoting direct business links acquires renewed significance. Our website aims at providing a platform to strengthen to and from Africa by bringing together the business communities of Africa and the international markets...
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Ethiopia earned more than US$2.8 billion from the export sector in the last three quarters of 2015. The revenue earned from foreign trade in the first nine months of 2015 exceeded that of the same time of the previous year by more than US$242 million particularly through the export of gold, horticulture, livestock, textiles and minerals...
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Africa is a diverse market of 54 countries. The starting point for success is selecting the market that best aligns with the company's goals, and then doing the proper due diligence to understand the opportunities and challenges on the ground. Africa has reached an inflection point for investment with enormous potential for a wide range of businesses...
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Many international businesses which are interested indeveloping their market in the Middle East have been lured by some attractive features offered by Dubai. The sheer size of the market in Dubai has been increasing at a steady pace. Although the United Arab Emirates has a relatively smaller population than other Middle East countries, its total imports have been registering a steady growth with the passing of each year...
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