2020-04-08 Author: Source:www.africainfo.cn Views:1022
In the context of the global spread of the epidemic, the new cases in China and Europe and the United States showed a parabolic correlation. The overseas investment market also appears different situation, and the sales volume of the world's well-known enterprises may suffer different degrees of impact. According to the news, EJOT Group has set its sights on Africa, confirming that it will participate ABS in Ghana.
Ghana is one of the largest importers of machinery and hardware tools in west Africa, and its hardware market is booming as office and residential construction projects increase and old buildings are renovated. Its hardware imports have stabilized at about $4 billion in recent years, with demand for power tools, stainless steel pipe fittings, valves and hand tools concentrated.
It is noteworthy that Chinese hardware products exports to Ghana reached hundreds of millions of dollars, and Chinese hardware products accounted for 40-60% of the market share in Ghana in 2019.
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