Slide of the month (SOTM) September. Agricultural exports from Africa

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One of the most vital sectors in Africa is agriculture because it provides employment for more than half of the population and food. The continent also has the most unutilized arable land in the world.

africon has executed many projects in the farming sector in the last decade. One common question we receive from our clients is about the exports of agricultural products from Africa to other parts of the world. Our findings reveal that, Cote d’Ivoire is the top country exporting cocoa, nuts, rubber and fruits. South Africa, Ghana and Kenya also follow, each country with its product category mix. The top exports from Africa are coffee, tea, cocoa, and cotton & Europe has been a principal landing place for this produce.

Many African governments have prioritized the growth of the agriculture sector. The rapidly growing population and economic activities in additional industrial sectors pose an excellent opportunity for international firms.

africon provides international companies a comprehension of the market challenges and offers solutions to position these companies optimally. We devise market strategies and give recommendations to companies interested in key markets in Africa.

Read previous SOTMs (Slides of the month) here.

Slide of the month (SOTM) August. Beer production in Africa

Slide of the month (SOTM) July. The growth of consumer markets in Africa

Slide of the month (SOTM) June. Blood transfusion landscape in Tanzania

Slide of the month (SOTM) May. Construction projects in Africa

Slide of the month (SOTM) April. Demand for heavy machinery in Africa

Automechanika Dubai: africon outlines growth for Ghana and Ivory Coast auto aftermarkets

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We have worked on more than 30 projects in the automotive sector across Africa in the last few years. We produced a new report on the growth of Ghana and Ivory Coast auto aftermarkets.

Ivory Coast is the economic center and a significant player in Francophone West Africa. On the other hand, Ghana has been one of the most stable and fastest growing economies in West Africa. In this report, we covered data on the total vehicle imports and the spare parts market in the two countries.

We highlighted that with growing market sizes, the two are likely to be the focus countries for many international spare parts manufacturers.

For more insights, download the report here.

Other reports that we have written.

Automechanika Dubai: africon presents new report that signposts opportunity in Africa’s diverse aftermarket parts business

Automechanika Dubai: africon sheds light on the Egyptian Automotive Aftermarket

 

Kristian Georgiev joins africon as a Working Student.

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As we continue growing the number of projects we execute, we are strengthening our project controlling efforts in africon too. We are therefore delighted to welcome another new team member, Kristian Georgiev, who joins africon as a Working Student. He is based in Bonn and is in the third year of a bachelor’s degree in International Business (focussing on Finance and Economics) at the University of Applied Sciences Bonn-Rhein-Sieg.

Mr. Georgiev will support the administrative department with project controlling. His tasks will include ensuring that the project goals are achieved in our africon quality, as well as within budgets and timeframes.

“I believe that the African markets have significant growth potential, which I am very excited to explore. During my time in africon, I am looking forward to working in a highly motivated and international environment while also putting my knowledge to practice and helping africon excel and achieve new highs”, he says.

Read more about the africon team here.

Slide of the month (SOTM) August. Beer production in Africa

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Despite the economic downturn fuelled by the pandemic, international companies have been looking for opportunities in Africa’s $13 billion beer market. African brewers have strengthened their facilities in terms of capacity and heightened marketing efforts in 2021 and 2022, making Africa one of the fastest-growing beer markets.

africon conducted a multi-country market analysis for a European food ingredient manufacturing company interested in Africa’s food and drink industry. The project sought to highlight the market potentials for different segments and feature opportunities in the food & beverage industry. In our research, we investigated beer production on the continent. Five African countries made it to the top 40 beer-producing countries, alongside nations like China, Australia, and Germany. These were South Africa (#12), Nigeria (#20), Angola (# 31), Ethiopia (#35), and Cameroon (#36). Africa beer production grew by 7.3% from 2020 to 2021.

For our client, we sized the market, identified vital partners, and provided recommendations for future partnerships and sales efforts in selected countries.

If you have any questions or concerns, you can contact us at info@africon.de

Read previous SOTMs (Slides of the month) here.

Slide of the month (SOTM) July. The growth of consumer markets in Africa

Slide of the month (SOTM) June. Blood transfusion landscape in Tanzania

Slide of the month (SOTM) May. Construction projects in Africa

Slide of the month (SOTM) April. Demand for heavy machinery in Africa

Slide of the month (SOTM) March. Tanzania medical technology value chain

 

africon’s presence at Mega HORECA & CLIMA NIGERIA

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Mega Horeca and Clima Nigeria are international exhibitions of the West African hospitality & service, air-conditioning, and refrigeration industries displaying the broadest range of products in the domestic and international markets, both to the distribution chain and the hotel, restaurant, and cafeteria industries. africon was well represented by our Nigeria team. Ms. Yeni Fowotade (Senior Consultant) and Mr. Taiwo Kehinde (Business Analyst) visited the event.

They noted that it was “a well-attended fair with interesting and insightful sessions that offered many opportunities for professional exchange. Mega Horeca and Clima Nigeria had about 100 heating, ventilation, and air conditioning (HVAC), hospitality, and construction companies exhibiting their products and services”.

The Nigerian team was happy to share insights and have discussions with industry experts in the sector. We look forward to attending more events.

 

africon is the knowledge partner for Automechanika Dubai 2022

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africon is proud to have been selected as a knowledge partner for the African markets by Automechanika Dubai 2022 again after a successful partnership in 2021.

After a prosperous edition in 2021, Automechanika Dubai is all set for a much bigger show this year. From November 22–24, 2022, the international automotive industry will again gather at the Dubai World Trade Centre to explore new business opportunities and scale new heights.

We look forward to providing insights about the African automotive aftermarkets to the Automechanika Dubai team. If you are interested in attending, you can find

Sign up as a visitor. 

Sign up as an exhibitor. 

Past reports

Automechanika Dubai: africon presents new report that signposts opportunity in Africa’s diverse aftermarket parts business

Automechanika Dubai: africon sheds light on the Egyptian Automotive Aftermarket