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The pre-colonial trade routes and networks in Africa were extensive and sophisticated, connecting various regions of the continent and facilitating the exchange of goods, culture, and ideas. These routes played a crucial role in the development of African civilizations , fostering economic prosperity and cultural exchange long before European ...
Since the end of apartheid, foreign trade in South Africa has increased, following the lifting of several sanctions and boycotts which were imposed as a means of ending apartheid. South Africa is the second largest producer of gold in Africa [ 1 ] and is the world's largest producer of chrome , manganese , platinum , vanadium and vermiculite ...
Africa's economy—with expanding trade, English language skills (official in many Sub-Saharan countries), improving literacy and education, availability of splendid resources and cheaper labour force—is expected to continue to perform better into the future. Trade between Africa and China stood at US$166 billion in 2011. [77]
Between 1000 and 1500, the forests of West Africa also became part of trade networks, particularly under the reigns of the Yoruba kings. Ifé was a vital trade town, along the route from the tropical forests to Djenné , a major trade centre in Sudan , near other large trade cities such as Timbuktu and Gao . [ 8 ]
Trans-Saharan trade is trade between sub-Saharan Africa and North Africa that requires travel across the Sahara. Though this trade began in prehistoric times , the peak of trade extended from the 8th century until the early 17th century CE.
Factory was the common name during the medieval and early modern eras for an entrepôt – which was essentially an early form of free-trade zone or transshipment point. At a factory, local inhabitants could interact with foreign merchants, often known as factors. [1] First established in Europe, factories eventually spread to many other parts ...
The years between 1100 and 1600 were known as the "golden age" of trade, when West African gold was in high demand. [1] This led to an increase in the need and use for trade routes. [ 1 ] From 1300 the Trans-Saharan trade routes were used for trade, travel, and scholarship.
Arab slave traders and their captives along the Ruvuma River in Mozambique along the Swahili coast. Medieval Swahili kingdoms are known to have had island trade ports, described by Greek historians as "metropolises", and to have established regular trade routes [97] with the Islamic world and Asia. [98]