Tag: trade
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New Details on Rwanda’s Huge Dried Chili Deal With China
More information is emerging about the pioneering deal announced last week to open the Chinese market to Rwandan dried chili exporters. Rwandan agribusiness entrepreneur Dieudonné ‘Diego’ Twahirwa (photo) signed a contract with the food importer Chinese GK International Enterprises to ...
A Lot of Kenyans May Want to Ban Imported Fish From China, But That Just Can’t Happen For Now
The recent proposal in Kenya's National Assembly to ban imported fish from China has sparked a lively discussion about how to simultaneously enhance the country's food security while bolstering the livelihoods of Kenya's embattled fishing communities. Agriculture Cabinet Secretary Peter Munya ...
The DRC is Now a Major Focal Point in China’s Trade With Africa
Last week's announcement by China Moly that it will invest $2.5 billion to expand its mining operations in the DR Congo highlights the growing importance of the DRC to China's broader trade agenda in Africa. While the bulk of Africa's exports ...
Kenya Fisheries Minister: No Ban on Chinese Fish Imports
For the second time in three years, Kenya has walked back a threat to ban fish imported from China. Fisheries Cabinet Secretary Peter Munya (photo) said late last week that Nairobi would not move forward with a proposed bill in the National Assembly that sought to restrict ...
Rwandan Trade Industry Leaders Urges Businesses To Look Beyond China To Source Imports
Severe shipping disruptions brought on the COVID-19 pandemic have resulted in much higher import costs in Rwanda, especially from China, prompting one industry official to urge businesses to find alternate suppliers. The 10% increase in Chinese imported goods is brought on ...
Week in Review: Pangolins, Power and Payments
Nigerian customs authorities at the port of Lekki sized a record 7.1 tons of pangolin scales on Wednesday and arrested three suspects. A fourth, believed to be the smuggling kingpin is still at large. The endangered pangolin is now the most hunted mammal on earth and a seizure ...
China’s Huge Chili Pepper Market Now Open to Rwandan Exporters
The Rwandan embassy in Beijing is celebrating the opening of the China market for its country's chili pepper exporters. A 200kg shipment arrived in the central Chinese province of Hunan on Wednesday, making Rwanda the first African country to export peppers like this to China.
Kenya Wants to Ban Chinese Fish Imports Again. It Didn’t End Well The Last Time.
The Kenyan parliament will move forward with legislation to outlaw imported Chinese fish from entering the country. Legislators confirmed on Tuesday that the Agriculture Committee is finalizing new regulations aimed to boost the local fishing sector by restricting imports of Chinese seafood, particularly frozen tilapia.
The U.S. Senate Wants to Know What Washington Needs to Do to Be Competitive in Africa
A United States Senate subcommittee convened a hearing last week to discuss what the U.S. needs to do to be more competitive in Africa in terms of both trade and investment. While the hearing was ostensibly not intended to focus on ...
Major U.S. Conference on Africa Went All Day Without a Single Mention of the Word “China”
The 13th U.S.-Africa Business Summit kicked off on Tuesday with a number of online forums on issues like infrastructure development, COVID-19, and strengthening US investment on the continent. Several senior White House officials, African heads of state, and corporate leaders from both sides are taking part. Remarkably, ...
Pro Tip: Pay Attention to How Hunan Province Is Positioning Itself as China’s African Business Hub
Most people outside of China have never heard of Hunan Province and if they have it's largely because their neighborhood Chinese take-out joint is called something like "Hunan Palace." But not in the China-Africa space. ...
Two Day U.S.-Africa Business Summit Kicks Off Today As Part of White House Push to Revitalize Trade With the Continent
After years of sitting on the Africa summit sidelines, the United States is getting back in the game with the start of a two-day online business forum that starts on Tuesday. The gathering is organized by the business lobby group Corporate Council on Africa. ...