Africa is one of the fastest-growing consumer markets in the world. Household consumption has increased even faster than its gross domestic product (GDP) in recent years—and that average annual GDP growth has consistently outpaced the global average. In light of the increasing affluence, population growth, urbanization rates, and rapid spread of access to the internet and mobile phones on the continent, Africa’s emerging economies present exciting opportunities for expansion in retail and distribution. READ MORE
Similar Posts:
- Frontier Markets Post-pandemic (Capital Group)
- 2017 Global Retail Development Index (ATKearney)
- Africa Rising: The Hopeful Continent (Wellington Management)
- How Africa’s Free-Trade Zone Will Provide an Economic Boom (WEF)
- Africa’s Oil & Gas Scene After the Boom: What Lies Ahead (Oxford Energy Forum)
- YPO CEO Survey: Africa CEO Confidence at 5-year Low (YPO)
- Africa’s Smaller Stock Markets Plan to Join Forces (Yahoo! Finance)
- Opportunities in the Next “Emerging” Emerging Market of Africa (Franklin Templeton)
- 8 of 10 Fastest Growing Markets are Frontier Markets (Mobius Blog)
- Africa Enjoys Oil Boom as Drilling Spreads Across Continent (Bloomberg)
- Investors Exit Africa for Other Frontier Markets (WSJ)
- Five Emerging Markets Squeezed by Currency Pegs (Bloomberg)
- South Africa’s GDP Returns to Pre-pandemic Levels, Increases 1.9% in First Quarter (IOL)
- Economic Chaos of a Taiwan War Would Go Well Past Semiconductors (Bloomberg)
- How Big is Africa’s Car Market? (African Executive)
