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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.

 

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

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) March. New vehicle sales in sub-Saharan Africa

2016_03_30_Slide of the month_automotive

This month our slide shows the strong increase of new vehicles sales in sub-Saharan Africa. Over the past 9 years growth has been almost 70% which led Ford, Daimler, Peugeot and others to increase their presence in Africa. Strongest growth has been in Angola and Nigeria.

 

Slide of the month (SOTM) February. Cultural difference Germany & Nigeria

2016_02_10_Cultural distances Nigeria

This month we would like to put emphasis on the cultural differences between Nigerian and German business people. Whereas Nigeria is still very hierachical, Germany has got less power distance. This results in the recommendation for German companies to not send junior staff to Nigeria as this might be interpreted of non seriousness.

 

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

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.

 

Volksbanken Raiffeisenbanken Magazine for German SME / “deutschen Mittelstand”

The German Bank “Volksbanken Raifreisenbanken” published an articel on chances for German SME in Africa. CEO and Partner, Marc Zander was interviewed and invited to share his 15 years of experience in Nigeria for the article.

vr_international

 

 

signotec and XCOM Africa enter into strategic partnership

signotec and XCOM Africa announced that they have entered into a strategic partnership. From now on XCOM Africa is the distribution partner for the Nigerian market.
Nigeria is one of the biggest markets in Africa. About the years it has already shown that it grows above average in the sector of banks, telecommunication and services. signotec hopes to enter the African market .

Whitepaper consumer market Nigeria

The global competition forces companies to search for new markets. Africa is one of the fastest growing markets of the world. The population is set to grow up to 2 billion people in the next 40 years. One of the most interesting markets is Nigeria with a population of more than 170 million inhabitants. XCOM […]

Whitepaper: Automotive in Africa – Focus Nigeria

Challenges for western companies are to find the right way to make use of these opportunities and also to be on time: In a few years the Nigerian automotive sector is likely to be split between those who invested early enough, which will make it difficult for foreign newcomers to gain foothold.

Download the full report

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