The latest Africa Trade Barometer has revealed that Nigeria has moved up four positions from eighth to forth in the country rankings.
The Stanbic IBTC Holdings Plc shared some of its latest findings from the Africa Trade Barometer 2023 Issue three report. The report, which assesses key economic indicators in Africa, highlights several noteworthy developments across African countries.
South Africa has the highest tradability index, while Angola has the lowest. Nigeria's improvement in the Trade Barometer ranking is due to advances in the Quantitative Trade Barometer and Survey Trade Barometer rankings. The country moved up from position seven to four in the Standard Bank QTB ranking and from 8 to 5 in the SB STB ranking.There was a problem processing your submission. Please try again later.
One of the critical areas of focus within the report is identifying challenges Nigerian businesses face in international trade. It delves into infrastructure gaps, regulatory complexities and logistical bottlenecks; consequently offering insight into strategic measures taken by the Nigerian government to address these issues and enhance trade competitiveness.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
South Africa: Academy for Young Winemakers Aims to Diversify South Africa's Wine Industryitemprop=description content=One of the world's top 10 wine producers, South Africa owes some 9 percent of its GDP to the wine sector - but the industry remains dominated by the white minority. A training academy for young South Africans from disadvantaged backgrounds aims to change that.
Read more »
Africa: Gates Foundation to Accelerate mRNA Vaccine Innovation and Manufacturing in Africa and Globallyitemprop=description content=Press Release - Today at the 2023 Grand Challenges Annual Meeting, Bill Gates, Co-chair of the Bill & Melinda Gates Foundation, announced new investments to advance access to mRNA research and vaccine manufacturing technology that will support low- and middle-income countries’ (LMICs) capacity to develop high-quality, lifesaving vaccines at scale.
Read more »
Encouraging news for South Africa’s economyIMF sees rebound on the horizon for Africa’s economies – including South Africa.
Read more »
AFCON draw: Nigeria, South Africa, and Morocco possibly in same groupThe Africa Cup of Nations (AFCON) draw, set to take place in the Ivory Coast this Thursday, has soccer enthusiasts buzzing with excitement.
Read more »
Nigeria, South Africa could face Morocco in AFCON groupNigeria are among the second seeds while South Africa have had to settle for a place among the third seeds for the draw in Abidjan.
Read more »
Nigeria: Sunday Igboho Regains Freedom in Benin Republic, Set to Return to Nigeriaitemprop=description content='I am now free to return to Nigeria and visit any country in the world,' Sunday Igboho told Tribune Newspaper.
Read more »