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African Business 2021

  • Text
  • Africa
  • Markets
  • Resources
  • Minerals
  • Technology
  • Trade
  • Integration
  • Development
  • Investment
  • Business
  • Regional
  • Kenya
  • Global
  • Digital
  • Mobile
  • Infrastructure
  • Sector
  • Economic
  • Countries
  • African
The 2021 edition of African Business is the second issue of this useful guide to business and investment on the continent. The positive reception accorded the inaugural edition in 2020 was encouraging and we are optimistic that this publication and future issues will continue to meet the need for timely and relevant information in an exciting time for African business. African Business 2021 has articles on recent trends plus overviews of the key economic sectors on the continent and regional and country profiles. There is an in-depth analysis of the implications for trade on the continent of the introduction of the African Continental Free Trade Area agreement (AfCFTA) and an article on the growth and importance of exploration for minerals, gas and oil. Namibia and Botswana feature in an article on how cooperation can drive economic growth and an opinion piece focusses on the role that digital technology can play not only in the financial sector, but in the driving progress in a broader sense. Global African Network is a proudly African company which has been producing region-specific business and investment guides since 2004, including South African Business and Nigerian Business, in addition to its online investment promotion platform: https://www.globalafricanetwork.com

CONTENTS CONTENTS

CONTENTS CONTENTS African Business 2021 Edition Introduction Foreword 4 African Business 2021 is a unique guide to business and investment in Africa. Special features Governance and security are the keys to Africa’s future prosperity 6 Malawi’s constitutional court ordered an election rerun in 2020. A new era in trading has begun 10 The African Continental Free Trade Area offers enormous opportunities for expansion. Exploration could unlock great value for Africa 16 Gas exploration is leading the way, but oil and mining are attracting international interest. Neighbours working together for growth 26 A bridge is being built between Botswana and Namibia. Economic sectors Agriculture 30 Uganda has a new coffee brand. Energy 32 An ECCAS interconnection project shows the way. Manufacturing 36 A focus on manufacturing exports can add value. AFRICAN BUSINESS 2021

YOUR BUSINESS IS GLOBAL. YOUR BANK SHOULD BE TOO. Businesses take considerable risks to enter or expand into new markets. This is why we take considerable care to provide the right solutions. However far from home that next big opportunity might be, it’s our meticulous work in 15 countries across Africa today that’s enabling our clients to transact with confidence wherever they strive to succeed. Euromoney Cash Management Survey 2020: • Market Leader in Africa, Cote d’Ivoire, Nigeria, Senegal, Tunisia • Best in Service for Tech Provision and Personnel in Africa • Best in Service for Algeria, Cote d’Ivoire, Morocco, Nigeria, Senegal, Tunisia, Zambia Global Finance Best Corporate/Institutional Digital Bank Awards 2020: • No. 1 in Africa • No. 1 in: Algeria, Cameroon, Cote D’Ivoire, DRC, Egypt, Gabon, Kenya, Morocco, Nigeria, Senegal, South Africa, Tanzania, Tunisia, Uganda, Zambia TMI Awards for Innovation and Excellence 2020: • Best Bank for Cash and Liquidity Management — Middle East and Africa • Best Bank for Trade Finance & Financial Supply Chain — Middle East and Africa citi.com/progress © 2021 Citigroup Inc. Citi and Citi with Arc Design are registered service marks of Citigroup Inc.

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