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Ugandan trade mission to Dublin highlights opportunities

By Charles Taylor (Irish Times, Sept. 23rd, 2019) There are significant opportunities for Irish companies in Uganda, the country’s minister for trade Amelia Kyambadde has said on a visit to Ireland. Trade between the two countries currently stands at about €24 million per annum. Ms Kyambadde

Diversification

African economies are finally beginning to diversify beyond commodities, though this is still in the early stages. This population supports local economic growth with their skills and talent, by acting as “first movers”, investing back in their communities. At the same time, African countries are

Digital Changes

Africa leads the world in mobile adoption, which continues to offer the biggest cross-sectoral economic opportunities. Mobile payment networks, pioneered in East Africa, opened the wired, global economy to poor, unbanked city and rural dwellers. Companies such as Novartis are using mobile communications to manage

Changing Customers

Missing across much of sub-Saharan Africa are the roads, rails, ports, airports, power grids and IT backbone needed to lift African economies. This lack of infrastructure hinders the growth of imports, exports, and regional business. Companies that can connect Africans and markets can prosper. Sub-Saharan

Trade Barriers

With the 54-nation Continental Free Trade Area – Africa’s own mega-trade deal – even the smallest African economies could see a lift. If duties are lowered and incentives introduced, manufacturers could see benefit from setting up production and assembly operations in multiple African countries. That

Connectors

Missing across much of sub-Saharan Africa are the roads, rails, ports, airports, power grids and IT backbone needed to lift African economies. This lack of infrastructure hinders the growth of imports, exports, and regional business. Companies that can connect Africans and markets can prosper. Sub-Saharan

Sustainability

In energy, technology, supply chain design and other areas, Africa is able to look at what works elsewhere then fashion its own answers. It can develop flexible fuel grids that generate power with a mix of abundant wind, solar, hydro and bio energy, alongside conventional