Tourism in Algeria:

Algeria’s tourism industry contributes only about 1 percent of GDP and receives about 200,000 tourists and visitors annually. Ethnic Algerian French citizens represent the largest group of tourists, followed by Tunisians. Various hotel operators are planning to build hotels, particularly along the Mediterranean coast. Another potential opportunity involves adventure holidays in the south. The Algerian government along with other funding agencies has set the goal of boosting the number of foreign visitors, including tourists to 1.2 million in the coming years. Along with the investment of government for the boost, various online tenders are regularly floated in Algeria’s developing economy.

Sectors which play an important role for the development of Algerian Economy:

The Algerian economy is reliant on petroleum, which has been an OPEC member since 1969. Its crude oil production stands at around 1.1 million barrels/day, but it is also a major gas producer and exporter, with important links to Europe. Thus, the major source of income comes from Oil and Gas which is the booming sector of Algeria.

Transport in Algeria:

The Algerian road network is the densest in Africa. Its length is estimated at 180,000 km of highways with more than 3,756 structures and a paving rate of 85%. This network will be complemented by the East-West Highway, a major infrastructure project currently under construction. Algeria is also crossed by the Trans-Sahara H

The Algerian economy is reliant on petroleum, which has been an OPEC member since 1969. Its crude oil production stands at around 1.1 million barrels/day, but it is also a major gas producer and exporter, with important links to Europe. Thus, the major source of income comes from Oil and Gas tenders which is the booming sector of Algeria.

Transport in Algeria:

The Algerian road network is the densest in Africa. Its length is estimated at 180,000 km of highways with more than 3,756 structures and a paving rate of 85%. This network will be complemented by the East-West Highway, a major infrastructure project currently under construction. Algeria is also crossed by the Trans-Sahara Highway, which is now completely paved. This road is supported by the Algerian government to increase trade between the six countries crossed: Algeria, Mali, Niger, Nigeria, Chad and Tunisia. Such government efforts are encouraging other countries to invest in the Algerian economy through tenders, projects and much more.

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Egypt falls in northern part of Africa and is said to be linking country with Middle East countries. It is considered playing an important role in exporting oil to many parts of Africa and other countries and also contributing foreign exchange. Apart from Oil, Egypt has strong base for textile, Ceramics and pharmaceutical products.

Egypt’s economy mainly depends on agriculture, tourism, petroleum exports and media. Petroleum and natural gas are also produced. The principal minerals include iron ore, phosphates, salt, manganese, limestone, gypsum, and gold.

Tourism in Egypt is one of the most important parts of Egypt’s economy. Egypt derives a great deal of its foreign exchange from tourism. At its peak in 2010 the sector employed about 12% of Egypt’s workforce serving approximately 14.7 million visitors Egypt, and providing revenues of nearly $12.5 billion as well as contributing more than 11% of GDP.

Agriculture is also a large part of the Egyptian economy. The Nile River provides Egypt with some of the most fertile land in the Middle East. It produces food for consumption and export as well as cotton for domestic and foreign textile production. Egypt’s other great resource is the Suez Canal. Roughly 7.5% of global sea trade transits the canal providing Egypt revenues in excess of $3 billion annually.

Having such a strong base of income from the established sectors of agriculture and tourism, the economy of Egypt has comparatively developed since the last few years. With the development of the economy, business opportunities are also growing.

With the help of TenderInfo, you stay updated to all the tenders related to agriculture and tourism sectors of Egypt, Africa.

Not only providing with tender’s information online, TendersInfo help various countries for partnership and joint venture across the world. It helps you with providing information on all sorts of Global Tenders, Tender Notices, Procurement News, Middle East Tenders and International Bids etc.

AFRICAN DEVELOPMENT BANK ADB: 

ADB is a financial institution comprising 53 African and 24 non-African countries which promotes economic and social progress in Africa through loans, equity investments and technical assistance. Structurally, the ADB Group includes the African Development Bank, the African Development Fund and the Nigeria Trust Fund. Established in 1964 and headquartered in Tunisia, the Bank has provided a cumulative $55 billion in loans and grants in the region.

The ADB has been praised for its role in the fight against HIV/AIDS on the African continent.  The ADB emphasizes large infrastructure projects at the expense of smaller, cheaper options that may produce more energy with greater benefit to the continent’s poor.

WORLD TRADE ORGANIZATION ( WTO ) :

The purpose of the WTO is to ensure that global trade commences smoothly, freely and predictably. The WTO creates and embodies the legal ground rules for global trade among member nations and thus offers a system for international commerce. WTO rules become a part of a country’s domestic legal system.

WTO from its side has taken various efforts for the development of the Continent, Africa. It has taken various steps in improving the performance of various sectors which directly reflect the growth of the country and the continent. The investment of WTO in Africa’s various projects has taken the country’s development to the next level.

INTERNATIONAL MONETARY FUND ( IMF) :

International Monetary Fund (IMF) is the most powerful international financial institution in the world. It is the major source of lending to African countries and uses the loans they provide as leverage to prescribe policies and dictate major changes in the economies of these countries.

The main task of the IMF is to maintain a dialogue with and among its member countries on the national and international implications of their economic and financial policies.

The second main role of the IMF is to provide loans of foreign exchange to countries experiencing balance-of-payments problems undertake the necessary adjustment and restore conditions for sustainable economic growth. The financial assistance provided by the IMF enables countries to rebuild their international reserves, stabilize their currencies, and continue paying for imports without having to impose trade restrictions or capital controls, or take other measures `destructive of international prosperity’.

Hence, the IMF’s goal is to provide global financial stability and to assist in the global war on poverty.

Industries like agriculture, construction, real estate, small scale manufacturing companies, tourism, and IT sector has seen great growth in Kenya. Kenya is said to be next hub for IT and food industry in Africa.

Tourism: Kenya’s Tourism has exhibited steady growth in most years since independence, and hence it contributes to almost 61% to the GDP of its country. Tourists, the largest number being from Germany and the United Kingdom, are attracted mainly to the coastal beaches and the game reserves, notably, the expansive East and West Tsavo National Park. Tourism is now Kenya’s largest foreign exchange earning sector followed by flowers, tea, and coffee.

Agriculture: Agriculture is the second largest contributor to Kenya’s gross domestic product (GDP), after tourism. The principal cash crops are tea, horticultural produce, and coffee. These crops are grown in the fertile highlands, one of the most successful agricultural production regions in Africa. Horticultural produce and tea are the main growth sectors and the two most valuable of all of Kenya’s exports. Government on regular basis is floating tenders online in Kenya related to agriculture and its products.

Kenya’s flower industry is rapidly growing. It is recorded to have the highest growth in both volume and value of all horticultural products, including fruits and vegetables.  It is also one of the oldest and largest sectors, maintaining an average growth of 20% per annum after its rapid expansion in the early 1990s.

Africagateway is one of the online portals which help you provide information on tenders in Kenya, projects taking place there and online information on tenders of other countries. 

Africa Gateway is primarily an information services company with its major operations in the Public Procurement domain. Through its professional team of over 300 professional employees, it focuses on setting the standard for tendering excellence. The Expertise and Local Presence in all countries in Africa helps Businesses with mapping, identification and connecting local and international companies to do business together.

A one stop solution for the areas of interest around Africa, includes offering Professionals, Consultants and Companies with analytic and alert tools and also Market Intelligence.

Along with the above mentioned, it  also does  provide  professional services  like  extensive business engagement support through project consortium, lead generation, bid facilitation outsourcing, bidding strategies, eProcurement Platform and Project Execution Support.

What does Africa Online Tenders Information Provide ?
Africa Gateway is Gateway for Companies which provides information on Africa’s Government tenders related to all sectors and countries. Africa Gateway also acts as an consultancy company for companies who are interested in entering Africa market, interested in Lead generation and participating in government tenders.  It helps companies from other countries like India, Europe, Middle East and US countries for partnership and joint venture with local African countries. You can find all tenders related to every sector, countries in Africa from Funding agencies, NGO’s and International entities.

Africa Gateway is a single and dedicated source of information provider for your Entry and to Expand your Reach in Africa.