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Slide of the month (SOTM) September. Woodworking machinery importation

During a recent project conducted by africon with focus on the wood working machinery market in Nigeria, africon GmbH identified 107 furniture manufacturing companies and 14 machine distributors focusing specifically on the furniture manufacturing market.

By holding expert interviews with a big number of manufacturers and distributors it became quite clear that the furniture manufacturing sector in Nigeria is very much quality oriented when it comes to purchasing machinery. This stands in contrast to many other industrial sectors that are clearly driven by price when it comes to purchasing e.g. in the steel industries.

The slide of the month August 2017 shows that during economically difficult periods price is starting to become the underlying factor even though quality is still considered to be very important. Therefore, the countries exporting high quality machinery have lost a big market share to countries exporting low price machinery. Consequently, it would be important for high quality machinery suppliers to widen their portfolio containing a lower priced machine that still meets all basic quality requirements.

 

 

Marc Zander, Partner of africon presents in Sweden

Doing business in the Middle Eastern and African region delivers results when you have the right information and tools at hand. Marc Zander, Partner at africon spoke in Sweden on the set up of distribution in Africa. At the MEA Summit visitors got the chance to directly engage with prominent business leaders and industry experts with extensive experience from doing business in the region.

MEA Summit is Sweden’s largest business event geared towards the MEA region, delivering insights, tools and clues as to how market transformation in the region will place future demands on business innovation. During two days in Stockholm, participants engaged in presentations from world-renowned speakers, panel discussions and interactive workshops with top executives and industry experts as well and met with an estimated 200 other Swedish companies who share your interest in the region.

 

 

Cédrick Lukusa participates in panel of Africa Business Forum in Cologne

Cédrick Lukusa, Principal at africon participated as panalist in the 5th Africa Business Forum. Within the discussion on Africa Mr. Lukusa shared insights of ongoing projects, news on latest company Africa strategies and shared sector insights related to the steel and aluminium industry.

The Forum brought together government, business and finance leaders from acrooss Africa and Germany/EU to explore how the can work together in finding and leveraging business opportunity.

 

The forum has organized in partnership with the Association of German Family-Owned Businesses BJU/ASU -http://www.familienunternehmer.eu- and Africa 2.0 -http://www.africa2point0.org.

The target was to establish business partnerships via engagement and business exchange between African and German/EU companies and entrepreneurs. Thanks to the strategic support of the German Chamber of Commerce and the Federal Parliarment, the forum has an extensive outreach which includes the 4000  members of the Die Familienunternehmer.

 

Slide of the month (SOTM) November. Steel industry and governmental decisions


While the slide of the month October showed an increasing demand of steel in African countries, the slide of the month November analyses the government’s role in steel projects. A serie of 101 interviews with executive managers in the steel industry showed, that in countries having an incentive program for steel projects, politicians have real influence on the sector’s decisions. Politics and economy can be linked strongly in these countries, a factor that must be considered when choosing geographical centers for the market entry of your company.

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

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.

 

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