Wycliffe Oparanya, governor of Kenya’s Kakamega County, opened a new $120 million EU-financed fish processing factory that is intended to help Kenya reduce its dependence on imported Chinese tilapia and increase exports to Europe. Local fishers have long complained that low-cost Chinese imports, which they claim are also low quality, have made it much more difficult for them to compete in the market. When fully operational, the new plant will be able to process up to 30 tons of locally caught fish per day. (THE FISH SITE)
China-Africa two-way trade is rebounding strongly following last year’s dip brought on by the COVID-19 pandemic, according to new Chinese government data. Chinese exports to Africa jumped 27% (to $68.7 billion) during the January-June time period, compared to the same time last year. Imports from Africa surged by 36% to $50.23 billion. Total two-way trade for H1 2021 now stands at $118.93 billion. Last year, trade between the two regions totaled $187 billion. (NATIONAL REFORM AND DEVELOPMENT COMMISSION)
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