Monday 11 December 2017

Africa Proving itself as an Investment Haven

Hopeless is not a word for African Economy any more


Some ten years ago Africa was considered as a land with despair and broken economy. With every severe condition a region can face Africa was fighting desperately with its internal weaknesses to raise its standard in the global market. But now what we see is Africa every one is longing to do trade with. It can be rightly said that
Cargo to Africa is a land that raised itself from the adversities and gave birth to new opportunities.  Its rising standards, improved facilities and easing cargo transport policies all are leading the continent to become attractive for the investors
Economic Growth
. As Asia, Africa is now one of the leading trade destination globally and marking its strong position in the line-up. At present there are some seven countries that are ranked 10 in the world’s fastest growing economies. Africa has indeed put forward itself as an example to what heights a county can rise from 0 to the top.

The Triggering Point

There is always an act, a special incident or a happening which make way for a positive turn. And for Africa that turn was when multi-national companies started to lay down their interest in the land for infrastructural development. The intensive involvement of China for the development of transportation networks coalesced with favorable regulatory and policy support brought Africa to the global trade competition. From then on Africa kept its presence in the global market whether with a rise or decline in the trade graph. The advancement is showing itself with moderate pace in all the segments and slowly the population is moving towards a better Africa with stable economic conditions. Send CHEAPEST SEA CARGO SHIPPING TO AFRICA
Mighty Initiatives
What has been done in the past decade is of special emphasis as these projects further took the territory towards a steady tempo towards upward climb.
Sea and Air Cargo
The growing intra and inter-country rail and road connections added with escalating road constructions having cross border access, larger sea ports and airports are major involved elements that are making the environment more encouraging for trade. Free movement of goods across the continent, continental free trade area, common market for Eastern and Southern Africa, East African Community and Southern African Development Community are the steps directed towards setting the stage for further improvement.
Improving the Aviation
Aviation segment is becoming a popular means for cargo transportation. The countries that lead international air trade are South Africa, Egypt, Kenya, Nigeria and Ethiopia. The largest year on year increase in demand was reported in March 2017 with a figure of 33.5 percent which is a big success for Africa. Air freight is a key enhancer of international trade. Air transport has gained an essential part especially for fragile goods that need to reach the destination with a fast pace. In Africa the development of air freight depends on factors like technological modernization, regulatory reforms and investments in infrastructure related to aviation.
Air Cargo
In this regard passable and rapid release of goods through trouble-free trade facilitation and quick custom clearance procedures are to be followed. By value 35 percent of trade in the world is being carried out by air, so, making this area fully capable is an inevitable task to be accomplished.