China is fast emerging as one of the largest supplier to Africa. The
positive business environment in Africa has already been noticed by
the international community and investments into Africa have been
flowing from various countries around the world...
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Goods made in China gain popularity in the African market.
Price-sensitive markets in Africa have welcomed the easy
availability of low-priced Chinese goods. Traders and merchants have
also been quick to seize the opportunity to source their
requirements from China in order to increase their profit
margins...
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Africa presents great opportunities in the telecom sector. The
liberalisation of the sector, the extension of services by
multinational conglomerates and the active competition currently in
place in the sector have all contributed to the telecom revolution.
Africa is regarded as one of the fastest growing markets for the
telecoms sector as well as mobile phones...
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East African countries of Kenya, Uganda, Tanzania establish the East
African Community (EAC) to boost regional trade. The new trade bloc
aims to work towards economic policies that are pro-market,
pro-private sector and pro-liberalisation. By pooling in their
resources and promoting free trade within the region, the East
African Community aims to emerge as a leading trade entity in East
Africa...
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Uganda is considered one of the best countries in Africa for
investements. The country has attracted increasing amounts of
foreign direct investment (FDI) since the beginning of the 1990s.
The Government of Uganda has pursued a steady policy of improving
the investment climate by reducing bureaucracy, streamlining the
legal framework...
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Abdul Rahman G. Al Mutaiwee, Director-General, Dubai Chamber of
Commerce and Industry, United Arab Emirates writes about the
historical links between Africa and the Arabian Gulf. Dubai is known
as the City of Merchants due to its deep-rooted trading traditions
which are based on the freedom of practicing business in addition to
being a business link between the East and the West.
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