Sunday, 03 December 2023

In Business

In 2019, Rossiya Airlines, one of the top airlines in Russia, begun its entry into the African markets by flying into Zanzibar in Tanzania. There are over 80 Cargo and Passenger airlines in Russia, and Rossiya Airlines is amongst the top ten of them. They have not been known for their flight in and out of Africa until the Zanzibar entry in 2019.

International Trade is essential to East Africa, as it is to Southern Africa, and many parts of the continent. In 2020 alone, the world trade, measured in exports, exceeded US$17 trillion (WTO), and this is all transacted in various currencies converted into the base currency for international trade.