The Foundation for the Promotion of Exports and Investments in Azerbaijan (AZPROMO) and the Azerbaijan Diplomatic Academy (ADA) will organize presentation on "Business Opportunities in Africa" in Baku on October 11. This is the first thematic campaign by AZPROMO by agitation of local entrepreneurs to invest outside the country.
In AZPROMO they said the presentation is devoted to the four most promising countries from the point of view of economic development - Angola, Namibia, Botswana and South Africa. Profiles of these countries have been created and the potential for the development of Azerbaijan's business there was evaluated. Basically it is agriculture, energy, telecommunications, construction and tourism.
In recent years, ADA arranged training courses with diplomats from several countries in Africa.
Azerbaijani entrepreneurs prefer to invest primarily in the CIS countries, Europe, the Baltic states, Georgia and Turkey. - 08D-
Economics
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The construction sector is undergoing significant reforms that are reshaping urban landscapes, driving economic growth, and creating jobs, said Namik Gummatov, First Deputy Chairman of the State Committee for Urban Planning and Architecture.
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Starting today, manufacturers and sellers of food and agricultural products can submit offers on the website tedaruk.az, aligning with public procurement requirements for 2025. The submission window will remain open until September 1.
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Recent reports and interviews indicate a noticeable rise in tomato prices in Azerbaijan over the past few months, primarily driven by market monopolies rather than external factors such as fuel costs or weather conditions.
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Azerbaijan's agricultural sector produced goods worth 6 billion 19 million manats in the first half of 2024, a 0.3% increase compared to the same period last year, according to a report by the State Statistics Committee (SCC). The report highlights a mixed performance across various agricultural segments, with livestock production seeing gains and crop production experiencing a decline.
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