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Africa

Africa: Trump Administration Dials Back on Trade Tariffs, But 30% Import Charges Loom for Some

eriinfo.com1 year ago04 mins

Cape Town — The U.S. administration eased its proposed tariffs on trade with several African countries, but charges of up to 30% will kick in on imports from four countries in the coming days. The biggest beneficiary of the Trump administration’s rethink of its policy since its initial announcement of new tariffs in April is…

Africa

Africa: Dangote Fertiliser’s Plant Expansion to Curb Africa’s 6m Tonnes Annual Import

eriinfo.com1 year ago03 mins

Dangote group is set to expand its $2.5 billion fertiliser plant located in Lagos, which will make Africa self-sufficient in fertiliser supplies and significantly reduce import costs. Aliko Dangote said on Friday that the planned production capacity would boost supply needs of the continent in the next 40 months. If the plan is successfully completed…