North Africa and Middle East markets must be explored - News Summed Up

North Africa and Middle East markets must be explored


South Africa has to explore North African and Middle Eastern markets, which will grow exponentially in the next decade. South Africa has to explore North African and Middle Eastern markets, which will grow exponentially in the next decade. “North Africa and the Middle East will need imports for basic food commodities as only 5% of the region is arable and has scarce water resources,” he said. He added that the economies of North African countries would be more challenged in future than Middle Eastern countries as Middle Eastern countries had income from oil exports to leverage when importing goods. “The Middle East primarily imports meat and fish, while North African countries primarily import cereals, sugar and vegetable oil.”


Source: The North Africa Journal August 17, 2018 12:11 UTC



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