The government of Kenya is generally investment friendly and has enacted several regulatory reforms to simplify both foreign and local investment, including the creation of an export processing zone. The export processing zone is expected to grow rapidly through input of foreign direct investment.

Kenya has got good importance in last decade. According to Kenya National Bureau of Statistics, the economy grew by an estimated 4.9% in the first quarter of 2015, compared to 4.7% in the same period in 2014. The economy has seen good growth and development due to government policies and foreign direct investment.

Industries like agriculture, construction, real estate, small scale manufacturing companies, tourism, and IT sector has seen great growth in Kenya. The economy has grown by 6% in 2015, supported by lower energy costs, investment in infrastructure, agriculture, manufacturing and other industries. A stable macroeconomic environment, continued investment in infrastructure, improved business environment, exports and regional integration will help sustain the growth momentum.

With the increased competitiveness of the manufacturing sector which will be a key driver of growth, exports and job creation, Kenya is emerging as one of Africa’s key growth centers and is also poised to become one of the fastest growing economies in East Africa.
Kenya is said to be next hub for IT and food industry in Africa.

Social Development in Kenya: Kenya has met a few of the Millennium Development Goals (MDG) targets, including reduced child mortality, near universal primary school enrolment and narrower gender gaps in education.

With support of the World Bank Group (WBG), International Monetary Fund (IMF) and other development partners, Kenya has made significant structural and economic reforms that have contributed to sustained economic growth in the past decade. Government efforts are seen through a variety of tenders floated online on Africagateway for different sectors in Kenya.

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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Africa Trade: Exports

Botswana and South Africa are two biggest exporting countries in Africa. South Africa is the world’s biggest producer of gold & diamonds. The country has a well developed law system. South Africa has a large pool of skilled labour and advanced infrastructure and developed financial resources. All these factors are mostly missing from other countries. Advanced in the following streams, the African government along with various funding agencies has taken steps to maintain and bring in more business in South Africa through tenders.

The main exported commodities of African nations are:

• Palm Oil
• Gold
• Diamonds
• Oil
• Cocoa
• Timber
• Precious metals.

Oil export has been the main stay for many economies. Nigeria is one of the world’s largest oil reserves and Africa’s largest oil producer. With its resources, Nigeria can produce 3.2 million barrels/day. However it only produces an average of 2.21 million barrels/day. You can expand your business reach in Nigeria through Africagateway with the help of regular online tenders floated and steps taken for improvement by the local government.

In the last two decades, countries such as Sudan, Angola, and Equatorial Guinea have also benefited due to their oil exports.

Africa Trade: Imports

Africa struggles with food items and basic facilities. It is often under the grip of internal outbreaks, leaving less scope for infrastructural or administrative change over. Therefore, African imports feature medical supplies as well as food items. Africa, in the next few years will be known as the food hub.

The main imported commodities are:

• Machinery and equipment
• Chemicals
• Petroleum products
• Scientific instruments
• Foodstuffs

Machinery and equipments imports have become regular as the region is trying to uplift its productivity and make use of the vast resources.

However, the imports are limited to nations that have a decent level of consumption.

Overall, Africa trade has been helped enormously by other such as Germany, Japan and China that have not only invested a lot in the emerging countries but have been regular African trade partners as well. You can also expand your business reach in Africa with the help of Africagateway in not only Import and Export but in other emerging sectors too.

Mozambique is said to be world’s fastest growing economies. The country’s economy is based largely on Agriculture, but mainly Food and Beverages, Chemical manufacturing, Aluminum and Petroleum industry is growing. The country’s Tourism sector is also growing. South Africa is Mozambique’s main trading partner and source of foreign direct investment.

Mineral Industry in Mozambique:

The mineral industry in Mozambique contributes a large amount to the world in regards with the production of Aluminum, Beryllium and Tantalum. It is the world’s largest exporter of coal and gas which will boost up the GDP.

The Energy boom will also benefit the country in other ways. A string of gas and coal-fired power plants are planned by the government. It seems likely that the country will gain at least 3 GW of thermal generating capacity within the next decade.

The government in longer terms states that tourism, agriculture and possibly manufacturing will be the basis of employment creation in Mozambique. Subsistence farming currently dominates the agriculture sector, so there is plenty of scope to develop more productive practices.

With the scope of agriculture and tourism development in Mozambique, the African government and other funding agencies are taking steps for the better improvements as mentioned above. Africagateway helps you with Procurement News, Trade Leads and Tenders Information to expand your business reach in Mozambique.

Mozambique has received investment in other sectors like agriculture, aluminum, titanium, electricity and garment sector. Many tenders are floated on regular basis related to the above mentioned sectors by African Government and Funding Agencies. Africagateway helps you have a look on them and to expand your business.