DAR ES SALAAM — Tanzania’s current account deficit has dropped significantly to $2.16 billion in the year ending February 2025, down from $2.91 billion in the same period last year, …
EXPORTS
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Eastern AfricaEconomyTrade and Commerce
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The Raw Materials Research and Development Council (RMRDC) is calling on the rubber industry to support efforts to amend its founding Act to prevent the export of raw materials from …
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EconomyNigeriaTrade and CommerceWestern Africa
Nigeria’s Maritime Trade Hits N130.8 Trillion in 2024
Nigeria’s foreign trade via maritime transport surged by 91% in 2024, reaching N130.75 trillion, up from N68.44 trillion in 2023, according to the National Bureau of Statistics (NBS). Exports dominated …
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BusinessEconomyEnergyMarketsMorocco
Morocco’s Trade Deficit expands to $50 Billion in the first nine months of 2022
Morocco’s trade deficit continues to climb to new heights amid the ongoing energy and grain price crisis. At the end of September 2022, the country’s trade deficit rose to MAD …
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AfricaAFRICA NEWSBusinessEconomyEgyptEnergyNewsNorth AfricaNorthern AfricaOil & Gas
Egypt’s gas exports hit $8B in 2021/2022
Egypt’s exports of natural and liquefied gas amounted to about $8 billion in the fiscal year 2021/2022, according to a cabinet statement on Sunday. Previously, Finance Minister Mohamed Maait said …
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Kenya’s exports to Tanzania grew the sharpest among all East Africa Community (EAC) markets in the six months to June 2022. Kenya’s exports to Tanzania jumped the highest by 46% …
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Local agribusiness firm Kakuzi Plc has secured pre-shipment approvals from the Kenya Plant Health Inspectorate Service (KEPHIS) for its second fresh avocado shipment to China. The firm is expected to …
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AfricaAFRICA NEWSBusinessEconomyNewsNigeriaWestern Africa
Nigeria exports goods worth N7.4tn in Q2, 2022
The latest report on foreign trade by the National Bureau of Statistics (NBS) shows that Nigeria recorded transactions worth N7.4trn to foreign countries in the second quarter of 2022. The …
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AfricaAFRICA NEWSAgricultureBusinessEgyptNewsNorth AfricaNorthern Africa
Egyptian cotton exports hit 60K tons valued at $380M in 2021
Manager of Cotton Improvement Fund Adel Abdel Azim disclosed Monday that Egyptian cotton exports amounted to 60,000 tons valued at $380 million in 2021. Egypt exports 90 percent of its …
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AfricaAFRICA NEWSBusinessEgyptNewsNigeriaNorth AfricaNorthern Africa
Egyptian agricultural exports hit 4.4 million tons in 2022
Egyptian agriculture exports from January to 24 August this year have amounted to around 4,491,099 tons, Minister of Agriculture El Sayed El-Qusseir has said. A report by Ahmed El-Attar, head …