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Africa

  • EghtesadOnline: Iran exported a total of 834,381 tons of commodities worth $340 million to African countries during the first three months of the current Iranian year (March 21-June 21), registering a 144% and 350% upsurge in tonnage and value respectively compared with the similar period of last year, according to the director general of Arab and African Affairs Department of the Trade Promotion Organization of Iran.

  • EghtesadOnline: The Trade Promotion Organization of Iran plans to allocate €200 million to promote exports to African countries.

  • EghtesadOnline: Iran traded 1 million tons of goods worth more than $200 million with African states during the first seven months of the current Iranian year (March 20-Oct. 21).

  • EghtesadOnline: The Iranian Foreign Ministry rejected a report about Tehran’s plans to assassinate an American diplomat in South Africa, describing it as “biased and targeted”.

  • EghtesadOnline: Iran’s SAIPA and South African car manufacturer Mureza are to jointly produce vehicles in Zimbabwe.

  • EghtesadOnline: A review of Iran’s commercial exchanges with African countries during the 10 years to March 20, 2019, shows Iran witnessed the highest level of trade in the fiscal 2017-18 at $1.2 billion.

  • EghtesadOnline: Iran traded 1.86 million tons of non-oil commodities worth $672.26 million with the member states of African Group during the first 10 months of the current fiscal year (March 21, 2018-Jan. 20) to register a 16.48% and 22.55% decline in tonnage and value respectively compared with last year’s corresponding period.

  • EghtesadOnline: Bio-fertilizers produced in Iran will be exported to Africa, the vice presidency’s director of Biotechnology Development Department said.

  • EghtesadOnline: As a bid to ease trade with African countries, the Iran Chamber of Commerce, Industries, Mines and Agriculture is devising a barter system with African local banks, the secretary-general of Iran & Africa Council for Economic Cooperation, Mohammad Reza Faqihi, told Financial Tribune in an interview.

  • EghtesadOnline: Iranian Foreign Minister Mohammad-Javad Zarif is visiting western Africa next week.