africon is the knowledge partner for Automechanika Dubai 2022

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 in 2022. From 22 – 24 November 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 team of Automechanika in Dubai. If you are interested in attending, you can find further information here.

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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

Automechanika Dubai is all set for a much bigger show in 2022

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

Despite the challenges caused by the COVID-19 pandemic, Automechanika Dubai 2021 brought together 20,574 visitors from 129 countries and 578 exhibitors from 47 countries.

Reconnect with the markets, meet and network face-to-face with suppliers, customers, and business partners, and stay up-to-date on the latest market trends and innovations at Automechanika Dubai.

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Taiwo Kehinde joins africon GmbH as a Business Analyst in Nigeria

As our project work in West Africa expands, we are delighted to add another team member in Nigeria. Taiwo Kehinde, based in Lagos, has joined africon as a Business Analyst. Before africon, Mr. Kehinde worked in business development, proposition building, and partnerships for one of Nigeria’s top banks.

He holds a bachelor’s degree in Business Administration from Pan-Atlantic University. He is currently working on two projects in the automotive sector in Nigeria. Taiwo is supporting these companies with in-depth local market research, entire market analysis, strategy development, and partner identification among other activities.

I am delighted to join the vibrant and diverse team at africon, I look forward to helping find strategies that will help global brands become successful in Africa,” Taiwo says.

Read more about the africon team here.

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

africon has attended hundreds of events, conferences, and webinars. Our sector experts speak and provide thought leadership in some of these forums. In a recent webinar, we presented the opportunities for German companies in Africa. One of our slides focused on the growth of consumer markets in the continent.
Over the past 10-20 years, consumer goods markets in Africa have become increasingly interesting for international companies. Urban populations are growing rapidly across Africa, driving modernization and economic development. More than 34 countries now have an urbanization rate above 40%. Total consumer spending has increased sharply, which indicates an increasing demand for consumer goods and services and a higher propensity to consume. The growing middle class in most African countries like to shop in their free time and value brands for their high quality. As a result, the expansion of retail chains and other outlets has developed strongly in Africa. This poses an opportunity for companies in the sector.
At the end of the webinar, we presented some case studies and gave strategic recommendations for companies interested in key markets in Africa.

Read previous SOTMs (Slides of the month) here.

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

Slide of the month (SOTM) February. Vehicles in operation in East African countries

 

Event IHK Reutlingen: How German companies can benefit from the African growth markets.

African markets offer great opportunities for local and international companies. Sven Moeller, Principal- africon, will be presenting at IHK Reutlingen: Global Business Network’s  event on June 22nd, 2022 on “Marketing and Product Positioning of German Companies in Africa: How German companies can benefit from the African growth markets.

The presentation will spotlight key trends and opportunities for German companies. It will also highlight strategies and recommendations for market entry and growth in Africa.

Details

Date: June 22nd, 2022

Time: 1600 hrs German time

Presentation language: German

Sign up for the event here 

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

We have been conducting many projects in the medical and pharma sector for companies, associations, and government agencies. Therefore, we have undertaken hundreds of interviews with decision-makers and key industry experts in the continent, particularly in West and East Africa.

Through one recent research for a blood transfusion equipment supplier, we were able to look at the blood transfusion landscape in Tanzania. We found that district and regional hospitals (public hospitals and public-private hospitals) collect 70% of all blood donated in Tanzania. 20% is collected by National Blood Transfusion Services (NTBS) and the remaining 10% is collected by specialized hospitals. We were able to share more insights on the sector and give tactical recommendations to our client. Through our extensive knowledge and contacts, we are continuing to help reduce cost, risk, and time for our clients in the sector.

Read previous SOTMs (Slides of the month) here.

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

Slide of the month (SOTM) February. Vehicles in operation in East African countries

Slide of the month (SOTM) January. Estimated number of converters in select countries in Africa

 

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

 

Africa’s booming population creates vast opportunities, including significant demand for robust infrastructure. Some of the key drivers of this growth are economic growth, urbanization, industrialization, and the growth of the middle class. African governments have prioritized the improvement and diversification of infrastructure and construction projects.

We researched on the regional construction industry in Africa for one of our clients in the sector.

The East African region accounts for 40.3% of projects across the continent and 29.5% of the value. West Africa accounts for 16.6% of all projects in Africa. South Africa increased its infrastructure project activities in 2020 and accounted for 26.5% of projects across Africa. North Africa accounts for 19.2% of projects in Africa and 29.1% in terms of US dollar value. Central Africa represents 3.5% of all projects in Africa.

We consolidated all the findings into a comprehensive report which also contained tactical recommendations for the client.

Read previous SOTMs (Slides of the month) here.

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

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

Slide of the month (SOTM) February. Vehicles in operation in East African countries

Slide of the month (SOTM) January. Estimated number of converters in select countries in Africa

Slide of the month (SOTM) December. The dairy industry in Ghana

 

 

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

The African continent has seen tremendous growth in construction equipment & heavy machinery. Urbanization drives the demand for construction to meet residential, commercial, and infrastructure development needs.

We recently concluded a multi-country analysis and prioritization for a large European construction and industrial machine supplier. africon spent about three months meeting with key local decision-makers and experts. The findings were that the construction machinery industry in the African market is worth USD 900 million and excavators are the most popular type of machine in the continent.

After sharing our findings and giving tactical recommendations to the client, they were in a position to prioritize select countries.

Read previous SOTMs (Slides of the month) here.

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

Slide of the month (SOTM) February. Vehicles in operation in East African countries

Slide of the month (SOTM) January. Estimated number of converters in select countries in Africa

Slide of the month (SOTM) December. The dairy industry in Ghana

Slide of the month (SOTM) November. Government health care expenditure in East Africa

 

Fikiri Stiliwati joins africon as a Visiting Associate in Tanzania

As our work in East Africa continues to grow, we are happy to welcome a new team member from Tanzania.

Fikiri Stiliwati joined the africon team as a Visiting Associate in April 2022 and is based in Dar es Salaam – Tanzania. He holds a BSc in Agricultural Economics and Agribusiness from Sokoine University of Agriculture (SUA), and a master’s in Business Administration specializing in Marketing from St. Augustine University of Tanzania (SAUT). Fikiri has over five years of experience working with international and local organizations in business development, sales, and marketing in the renewable and agribusiness sectors.

I am delighted to join africon as I believe in the African potential. Having experience and interest in business and social development, I am looking forward to working with the team on sectors like FMCG, healthcare and automotive”, says Fikiri.

See more about our team and locations. 

Learn about careers at africon.

Kevin Armattoe joins africon as a Business Analyst in Côte d’Ivoire.

2022 has been a year of growth in africon, and we are delighted to expand our team and offices all over the world. Kevin Armattoe joins africon as a Business Analyst in Côte d’Ivoire. He holds a bachelor’s and master’s degree in Project and Organization Management from the Jesuit University/ CERAP in Côte d’Ivoire.

Mr. Armattoe was a Project Manager Assistant in a start-up incubator where he managed and supported various acceleration programs and companies.

“It is a great opportunity to be part of the africon team because it will help me share my learnings and bridge potentials for Africa. I look forward to implementing projects successfully in the continent,” says Kevin.

He will be assisting our clients with in-depth local market research, market analysis, strategy development, partner identification, and business development, among other activities in Ivory Coast.

See our team and open roles on our careers page.