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Saturday, 17 May 2014

Market Trends in Africa



Africa is the second largest continent on earth with a population of 1.07 billion. The population is pedicted to rise to 2 billion by 2050  with Africa having 25% of the global workforce. Africa has a $2 trillion economy with 54 countries, a third of which have annual GDP growth of 6% or more. Six of the top ten fastest growing economies in the world are in Africa.

Africa is rich in natrual resources with petroleum and natural gas accounting for the main exports.  Africa is rich in minerals such as bauxite, cobalt, industrial diamond, phosphate rock, platinum, vermiculite, zirconium and gold. Africa also has 60% of the world's uncultivated arable land. Africa, however, faces many challenges such as poverty, climate change and disease but it's economy is experiencing growth in construction, telecommunications, banking and retail. 

The leading economies of Africa are South Africa with a GDP $272 billion; Nigeria with a GDP of $141 billion; Algeria with a GDP of $137 billion; Egypt with a GDP of $111 billion; Angola with a GDP of $66 billion; Morocco is now the sixth largest African economy with a GDP of $61 billion; Libya is the seventh largest African economy with a GDP of $56 billion; Sudan is the eighth largest African economy with a GDP of $45 billion; Tunisia is ninth with a GDP of $33 billion; Zimbabwe is tenth with a GDP of $26 billion.  

One of the fastest growing sectors across Africa has been the area of mobile technology and communications technology with 700 million people owning a mobile phone and 70 million having internet access. 

Africa needs huge investment in infrastructure in order to move forward and this will require greater public-private partnerships. Political stability is necessary to support and drive investment across the continent along with improvements in education, micro-economic stability, conflict resolution and continued GDP growth.

If growth continues at this pace Africa will be a dominant economic force by 2050.

Research and Experts provide many country specific reports on the African region which will help you with your market research.  Our reports provide data on market drivers and indicators, along with leading companies, latest projects and industry news on African industries.  

Reports of interest :

South Africa Industrial Construction

The report presents detailed data on market growth dynamics for the industrial construction market in South Africa. It also provides data on market drivers and indicators, along with leading companies, latest construction projects and industry news in South Africa industrial construction market.

Furthermore the report enables readers to examine the components of change in the industry by looking at historic and future growth patterns broken down by segment. Read more

"South Africa Infrastructure Construction: Market Update" presents detailed data on market growth dynamics for the infrastructure construction market in South Africa. It also provides data on market drivers and indicators, along with leading companies, latest construction projects and industry news in South Africa infrastructure construction market.

Furthermore the report enables readers to examine the components of change in the industry by looking at historic and future growth patterns broken down by segment.



Vitamin and Provitamin Markets in Africa to 2018 - Market Size, Trends, and Forecasts


This industry report package offers the most up-to-date market data on the actual market situation, trends, and future outlook for vitamins and provitamins in different African countries. The package includes vitamin and provitamin country reports from the following countries:

Egypt, Ethiopia, Ghana, Morocco, Nigeria, Senegal, South Africa

The reports include historic market data from 2007 to 2013 and forecasts until 2018 which makes the reports an invaluable resource for industry executives, marketing, sales and product managers, analysts, and other people looking for key industry data in readily accessible and clearly presented tables and graphs.




The "GSZ - Thermal Power Plant - South Africa - Construction Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts. read more...

This report provides detailed market analysis, information and insights into the Moroccan construction industry including:
o The Moroccan construction industry's growth prospects by market, project type, and type of construction activity
o Analysis of equipment, material and service costs across each project type within Morocco
o Critical insight into the impact of industry trends and issues, and the risks and opportunities they present to participants in the Moroccan construction industry
o Analyzing the profiles of the leading operators in the Moroccan construction industry.
o Data highlights of the largest construction projects in Morocco
 Dilam - Marrakech W Hotel - Morocco - Construction Project Profile is a crucial resource for industry executives and anyone looking to access key information about the Marrakech W Hotel construction project.

The "Nyanza - Titanium Oxide Plant - South Africa - Construction Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.

The "GSZ - Thermal Power Plant - South Africa - Construction Project Profile" contains information on the scope of the project including project overview and location. The profile also details project ownership and funding, gives a full project description, as well as information on contracts, tendering and key project contacts.