Exports from Zimbabwe to the Southern African Development Community (SADC) were up 113% from 2009 to 2013. According to statistics from ZimStat, discussed in ZimTrade’s latest weekly bulletin, the principal export products to this region were cement, minerals and wood products, in addition to sugar, tobacco and cotton. Fertilisers, petroleum oils and electrical energy were among Zimbabwe’s main imports.
SDC’s member states include Angola, Botswana, the Democratic Republic of Congo, Lesotho, Madagascar, Malawi, Mauritius, Mozambique, Namibia, Seychelles, South Africa, Swaziland, Tanzania, Zambia and Zimbabwe. Approximately 90% of Zimbabwe’s trade is with the SADC region. Around 79% of the country’s exports were destined for South Africa during the period, 10.3% for Mozambique and 3.3% for Zambia.
Nigeria’s Minister of Mines and Steel Development, Musa Sada, recently informed local press that some 60 international and 4000 domestic companies were taking part in mineral exploration in the country. The firms have been carrying out exploration into minerals such as coal, gypsum, clay, manganese, kaolin and iron ore, among others. According to the Minister, more information should be made available to potential investors in the sector. A minerals and metal centre has been established to help facilitate successful investment in the minerals industry.
Edited from various sources by Louise Fordham
Read the article online at: https://www.worldcement.com/africa-middle-east/10062014/zimbabwe_and_nigeria_export_and_minerals_news_328/