Africa’s Import from Dubai Starts to Increase

ADDIS ABABA – Dubai Chamber of Commerce and Industry said on Thursday it has recorded a 20% month-on-month (m-o-m) increase in the value of member companies’ exports to Africa in June 2020. 

The trade value has now reached AED 2.94 billion ($800 million), its office in Addis Ababa said.

The value of exports and re-exports to Africa, tracked by Certificates of Origin (COOs) issued to Dubai Chamber member companies, signaled a rebound in trade activity with Africa to average levels seen during the January-March 2020 period, the office added.

Featured Image:  Dubai Chamber of Commerce