Starting on November 19, Houthi attacks and counter-strikes on commercial ships transiting through the Bab al-Mandab strait along the Red Sea have been a major disruptor of international trade through this vital artery. A 32km wide channel connecting the Red Sea to the Gulf of Aden and the Indian Ocean, the strait is a strategic maritime chokepoint. The route […]
Last month, China’s General Administration of Customs released its customs data for 2023. The data showed that China’s total trade with Africa grew a modest 1.5 percent in 2023, reaching $282.1 billion, but Africa’s trade deficit with China widened. While Chinese exports to Africa reached $173 billion, an increase of 7.5 percent over 2022, Africa’s exports to China dropped by […]
At the 50th anniversary celebration of the origins of the international trade system in 1998 in Geneva, Nelson Mandela in his speech said: “The developing countries must accept that we want to be fully part of the WTO, and that includes improving the management of the world trading system to ensure that our economies do […]
In recent weeks, a flurry of articles appeared pointing out that Africa’s biggest bilateral trade partner, China, had significantly slowed its imports from Africa. To prevent another oversimplified doom and gloom narrative about Africa from circulating, we decided to break down the numbers to get a deeper understanding of this phenomenon – something we continuously […]
The China International Import Expos (CIIE) has proven to be a great opportunity for African businesses to gain access to China’s vast consumer market, but is it enough? Most African products that have been displayed are agricultural products which limits the CIIE’s impact on lifting African economies to a higher level and showcasing the true […]
Following China’s lifting of its zero-Covid policy in January 2023, there has been a flurry of African leadership visits to China. Within eight months, China has already received seven African Presidents from Tanzania, Algeria, Eritrea, Mauritania, Burundi, Benin and Zambia and five foreign ministers from the Democratic Republic of Congo, Equatorial Guinea, Ethiopia, Sierra Leone […]
The recent visit of Benin’s President Talon to China did not hit many international headlines. However, it was particularly interesting for Africans because during the visit he secured a new agreement granting permission to export the West African nation’s fresh pineapples to China. Alongside Kenyan, South African and Tanzanian avocados, Rwandan chilis, South African citrus […]
IT’S A WALK-OFF – TOP AFRICAN FASHION BRANDS TOOK OVER THE 2023 CHINA-AFRICA ECONOMIC AND TRADE EXPO, BUT CAN THEY ACTUALLY TAKE OVER THE CHINESE MARKET?
In late June 2023, the Africa Reimagined team attended the China-Africa Economic and Trade Expo (CAETE) to provide an opportunity for some of Africa’s most innovative and respected brands to test the Chinese market. This was our third time attending the CAETE, and in our view, this year’s CAETE was the most successful yet with […]
South Africa resumes beef exports to China – How can South Africa become a more competitive and major beef supplier to China?
At the recent BRICS summit held in South Africa, two important trade deals were agreed between the presidents of South Africa and China. Firstly, an agreement to allow South African avocados to enter the Chinese market, and secondly, the resumption of South Africa’s beef exports to China. China is the world’s largest beef importer, and […]
The Third China-Africa Economic and Trade Expo (CAETE) – a gimmick or serious development programme?
10th August 2023 It has been widely acknowledged that since the late 2000s, China has become an increasingly prominent development partner for many African countries and since 2008 China has been Africa’s largest bilateral trading partner (still behind the EU as a region). However, what is also the case is there is an acute trade […]