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Never lose the big opportunity – always. Tell us your import, export and investment requirements, and we will link you up with other companies to conduct business to your mutual benefit.
When you are part to UK‑AfricaIT, you expand your business. We help you to solve immediate market access problems and enhance export opportunities and investments.
We assist UK and African producers and exporters to generate business by providing a one-stop platform for finding each other and conduct business.
We believe that trade assists businesses to expand and provide the best one-stop platform for the UK and African companies to find each other, conduct business and grow.
We believe that trade and investment assist businesses to expand and maximise opportunities.
UK‑AfricaTI provides the best one-stop platform for UK and African companies to find each other, conduct business and grow.
No one goes further to support trade and investment between the UK and Africa.
Join nowSouth Africa continues to experience moderate growth in raisin production. Raisin production is forecast to increase by 6% to 70,000 Metric Tons (MT) in 2018/19 MY, from 66,100 MT in the 2017/18 MY.
Read moreThe South African National Assembly passed the Border Management Authority Bill on 8 June 2017, which would establish a Border Management Authority to oversee all…
Read moreAre you looking to expand your business or explore new business opportunities in Africa and/or the UK? Let UK‑AfricaTI do the rest for you.
View allSouth Africa continues to experience moderate growth in raisin production. Raisin production is focused to increase by 6% to…
Tanzania’s 2018/19 cotton production set to increase by up to 85% from the previous year. World Agricultural Production PDF
It is estimated that by 2030, more than 435 million Africans will belong to the middle and upper classes, implying higher demand for goods and services as household consumption is expected to increase to US42.5 trillion, up from US$1.5 trillion in 2015.
Signed by 44 countries on 21 March 2018, the African Continental Free Trade Area (AfCFTA) is expected to consolidate Africa’s fragmented markets into one trade area which will have 1.2 billion people and a GDP of nearly US$2.5 trillion. This will provide excellent opportunities for trading enterprises, businesses, inventors, producers of goods and services and consumers through the lowering of trade costs and the reduction of other barriers to trade.
Countries have committed to eliminating tariffs on 90% of their products and addressing non-tariff barriers such as inefficient border posts and inadequate and underdeveloped infrastructure. The lowering of trade barriers will bring opportunities for developing regional value chains which might offer market opportunities for UK firms producing intermediate goods.
More than 60% of African exports to the EU, including the UK, are primary products while about 70% of goods imported by African countries from the EU are manufactured. The AfCFTA will also increase the need for connectivity, creating new opportunities to invest in infrastructure and sectors such as transportation, energy, information technology, agriculture and water.
The establishment of the AfCFTA demonstrates the continent’s commitment to trade and investment in a global economic and trading landscape that is currently under great stress as a result of rising protectionism across the world.
With a population of 66.03 million in 2017 that is expected to grow to 66.93 million in 2019, a GDP of US$2.6 trillion in 2017, which is expected to increase to about US$2.7 trillion in 2019 and a GDP per capita income of US$38,847 in 2017, projected to increase to US$40,800 in 2019, the UK is the fifth largest economy in the world, offering substantial market opportunities for African products and services.
The country’s economy is primarily driven by the services sector, which contributes more than 75% of GDP. Agriculture contributes approximately 1% of GDP, making manufacturing the second most significant contributor to GDP.
The UK is currently negotiating to leave the EU (Brexit), after which it would have to negotiate new trade agreements with several countries. Despite the uncertainty surrounding the post-Brexit period, there is potential for UK and African companies to take advantage of market and investment opportunities in each other’s market after Brexit.UK post-Brexit.
Looking ahead, the UK introduced a Taxation Bill (Cross-Border Trade Bill to enable the UK to put in place a trade and preference scheme for developing countries as it leaves the EU), which l will, among other things, provide the same level of market access to developing country products as the current EU trade preference scheme, maintaining duty-free, quota-free access for LDCs and offering generous tariff reductions to 25 other developing countries.
The UK has also introduced a Trade Bill that would allow it to replicate the EU-ACP Partnership Arrangements and minimise the disruption of existing trade arrangements.
It is also aiming at boosting outward direct investment into Africa and encourage UK investors to take advantage of investment opportunities on the growing African market.