Cogs

Our Services

Import and Export

Import and Export

Opportunities for trade export and investment in Africa cut across various sectors. Africa trade is dominated by diverse natural resources that the continent enjoys in abundance. However, trade varies from one country to another. Countries such as South Africa represent the higher side of the spectrum whereas regions such as Burundi have the least trade volumes. A majority of African countries are underdeveloped and therefore, rely heavily on foreign aids to survive. Africa trade is, therefore, a representation of extremes.

​Botswana and South Africa are two biggest exporting countries in Africa. South Africa is the world’s biggest producer of gold as well as diamonds. The country has a well developed law system. South Africa has a large pool of skilled labour and, advanced infrastructure and developed financial resources. All these factors are mostly missing from other countries.

The main exported commodities of African nations are Palm oil, Gold and diamonds, Oil, Cocoa, Timber and Precious metals.

​Oil export has been the main stay for many economies. Nigeria is one of the world's largest oil reserves and Africa's largest oil producer. With its resources, Nigeria can produce 3.2 million barrels/day. However it only produces an average of 2.21 million barrels/day. In the last two decades, countries such as Sudan, Angola, and Equatorial Guinea have also benefited due to their oil exports.

Africa struggles with food items and basic facilities. It is often under the grip of internal outbreaks, leaving less scope for infrastructural or administrative change over. Therefore, African imports feature medical supplies as well as food items.

The main imported commodities are Machinery and equipment, Chemicals, Petroleum products, Scientific instruments and Foodstuffs.

Machinery and equipment's imports have become a regular as the region is trying to uplift its productivity and make use of the vast resources. However, the imports are limited to nations that have a decent level of consumption. Otherwise, Africa has regions such as sub Saharan regions where people still live under 70 cents a day.

​Overall, Africa trade has been helped enormously by other such as Germany, Japan and China that have not only invested a lot in the emerging countries but have been regular African trade partners as well. For organisations wishing to penetrate into this sector, Oakmark can help to facilitate your entry.

Area of Expertise

  • Operations Consulting

  • Strategy Consulting

  • Government Policy

  • Business Development and Management

  • African Economic Market

  • Political / Social landscape

  • Risk Management

  • Public Sector Engagement

  • Feasibility Studies

  • Business Proposals

  • African Market Intelligence

  • Business Plan Strategy & Creation

  • Market Entry Strategy & Creation

Economic Agent For Emerging Markets in Africa

For More Information On The Services We Offer Please Do Connect With Us Today

Subtle Shapes Transparent
WEST AFRICA'S NO.1 ECONOMIC AGENTS

Oakmark Global Vision provides a bespoke business package to established corporate bodies, investors, and entrepreneurs who desire to enter the West & Pan African market. Find out more >

© 2020 Oakmark Global Vision Ltd - All Rights Reserved.

UK Company No. 07634879 / Nigeria Company No. RC 1288232

Regional Office

International Office

1 Kandi Close, Off Aminu Kano

Crescent, Wuse 2, Abuja F.C.T

Nigeria 

+234 -(0)- 929 207 02

+234 (0) 704 497 6500

info@oakmarkglobalvision.com

King Court, 17 School Road

Hall Green, Birmingham

United Kingdom  B28, 8JG

+44 (0) 121 244 1814

+44 (0) 746 625 2505

info@oakmarkglobalvision.com

 Oakmark Global Vision Limited