Tag Archive for: South Africa

Slide of the month (SOTM) June. Steel consumption in sub-Saharan Africa with growth of more than 7%

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Steel market in Africa

The slide of the month June shows a continuous growth of more than 7% in steel consumption in Africa. This offers great opportunities to steel trading companies, companies who supply equipment to steel companies and most importantly it shows the growth on infrastructure in Africa. The largest markets are South Africa, Nigeria and Kenya in sub-Saharan Africa. africon GmbH has been working lately with focus on the steel industry and should you have questions on the markets in Africa please do not hesitate to contact us.

 

Slide of the month (SOTM) April. Medical equipment market Africa

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2016_05_04_Slide of the month_medical equipment africa

The African market for laboratory equipment has been playing a small role globally with only 2%. However, it is set for growth with more than 8% in 2015 and imports of more than $1,4bn. The greatest chances for companies supplying medical equipment are still in South Africa besides the north African countries. Also Nigeria is growing strongly with over 8,4% and imports of over 70 m worth of medical equipment in 2015. It is estimated that Nigeria will be one of the key markets in future and we strongly recommend to have a closer look at Nigeria at the moment besides difficult times.

Slide of the month (SOTM) January. Import of razor blades into top 5 African countries

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Slide of the month January 2016

Every month africon publishes the most interesting project slide. This months the slide shows a more than 10% growth on razor blades in the top 5 African countries for razor blades being South Africa, Nigeria, Algeria, Egypt and Morocco. This growth is driven by a growing middle class, strong consumer growth and new grooming habits.