Tag Archives: Trade

Offers and enquiries

Case study for the University of Hamburg/Germany

2 Comments

Dear Sir or Madam

We are studying “International Business Management” at the Hamburg University of Applied Sciences. Our task is to set up a concept or a fictitious company in Africa.
It is about bringing a product to the market and finding a potential country to sell the product and possibly also manufacture it in the respective country.
Our product is “ceramic crockery” and we have already found a factory in Portugal to manufacture it. Since we have found out that Angola is growing very strongly economically and is also a Portuguese-speaking country, we would like to distribute it in Angola. We also thought that we might be able to find a factory in Angola to reduce costs.

We have now asked ourselves what the legal situation would be if we were to set up a company in Angola and keep a subsidiary in Germany or keep the distribution in Germany. Or should we set up the company in Germany and sell the products in Angola?
Would it even be possible for us to set up a company in Angola if someone from our team lived in this country? What would be the best way?
This topic is very complex and we only have 2 weeks left to hand in our seminar paper and hope you can help us!
We would be very grateful for your information and help.

Kind regards

CREATOR: gd-jpeg v1.0 (using IJG JPEG v62), quality = 82

Ruth Tiez

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Nigeria

Nigeria, China to tackle low quality products import

China and Nigeria have agreed to put in place measures to tackle importation of substandard products into the country.

China and Nigeria Chamber of Commerce (CCCN) President, Ye Shuijin, stated this yesterday, while addressing reporters in Abuja. He insisted that most of the imported fake products were not made in China.

He said the Chamber and Standards Organisation of Nigeria (SON) have some agreements to check influx of substandard products into the country.

“Most of the substandard products that came to Nigeria are not from China because the Chinese government has well structured standards in place for its products.

“China products are of high quality, nonetheless the Chinese government is already cooperating with Nigeria to promote importation of quality products to Nigeria,” he said.

The quality of imported products, such as iron rods, bulbs, sockets, cables and fittings have always been allegedly traced to China.

SON raised an alarm last year that 40 per cent of electrical and electronic appliances imported into Nigeria “are substandard and have caused disasters with destruction to lives and property.”

It was also observed that all manner of uncertified food items are dumped in the country.

The National Bureau of Statistics (NBS), also said Nigeria spent N212.73 billion to import agricultural products in the last quarter of last year.

The Chamber chief therefor stressed the need to guide  importers to do the right thing and not to import substandard products to Nigeria.

Shuijin urged the importers and the consumers to be vigilant and reject any noticed substandard products for the development of the economy.

The president said the chamber and the Chinese government always encourage investors from China to invest in the manufacturing sector and help in the development of the economy.

He said Nigeria, because of its population, has the market which he said was an added advantage to attract investors into the country.

Shuijin assured that more Chinese investors would be willing to invest in Nigeria.

Source: The Nation, 24th August 2017

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General

Dusira UG starts cooperation with the company Elementaro

The cooperation took place to to strengthen the market position and to provide African partners with essential goods especially tools for craftsmen.

The company Elementaro is a well known provider for craftsmen tools and craftsmen clothing.

The CEO of Dusira UG Michael Patotschka  tells that this will be the next important step to give assistance in establishing independent companies in Africa and to empower SME’s and startups.

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General

Prospects for Africa are very promising

First, increased investment in Africa’s infrastructure is critically needed. The substantial an rapidly increasing amount of capital being allocated to this sector provides a great growth opportunity.

Second, there are compelling opportunities across the continent for consumer goods and services,  particularly given limited growth opportunities in much of the developed world. This opportunity for investment in consumer growth across Africa is underprimed by three trends: a growing population, rapid urbanisation and an emerging middle class.

However, it’s important not to discount commodities, which will remain the most obvious opportunity. Africa holds a large proportion of the world’s mineral reserves, and the continent’s significant reserves of oil and gas make it well poised to play a key role in the supply of the world’s energy needs, particularly as other emerging economies grow and the demand for precious metals follow suit.

Free movement of people and goods will also be a major driver of growth in Africa in the coming years.

Source: African Businees, May 2017

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