Search results for: 'trade zone collaboration'

Connectivity between African countries is very limited, and intra-regional trade is currently only 12% of the continents total trade. This is mainly due to poor transport infrastructure, conflicting trade rules, and cross-border restrictions. This market insight analyses the base and intermediate chemical supply chain in Kenya, Nigeria, and Mozamb...

Due to economic and political uncertainties, African economies such as South Africa and Nigeria are expected to witness slow growth in 2017. On the contrary, improving economic conditions in Kenya and Morocco will support moderate growth. Despite differences in terms of economic growth prospects, high priority is placed on the development of transp...

The macroeconomic outlook for South Asia is expected to be relatively strong in 2019 on account of infrastructural development and investments. Nevertheless, the outlook doesn’t look great in terms of even higher growth as a result of a trade war between two economic giants, the United States and China, affecting the region. The growth pattern is d...

Nigeria, one of Africa’s largest economies, is diversifying to reduce its dependence on oil revenues and strengthen key non-oil industries. As the continent’s most populous nation, the country presents a rising demand for commercial vehicles, fueled by urban expansion, infrastructure projects, and growing trade activities. The automotive market is ...

27 Nov 2017  |  Africa  |  Market Research

South African Logistics Market, Forecast to 2020

Country to Emerge as a Regional Hotspot Owing to Its Comparatively High Logistics Performance and the Long-term Economic Growth Potential

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Global financial crisis, weak domestic demand, and other related factors have affected South Africa’s GDP growth during past 3 years, continuing onto 2016. The GDP of South Africa accounted for 0.42% of world GDP in 2016. The economy is expected to grow at a rate slower than the population growth rate in 2017 and 2018, implying a lower standard of ...

South Africa is the southernmost country in the African continent, with a coastline of 2,954 km stretching along the South Atlantic Ocean and the Indian Ocean in the south. It is a member of the Southern African Customs Union (SACU), the Southern African Development Community (SADC), and the Tripartite Free Trade Area (TFTA). This connectivity has ...

Universal access to electricity has been central to the African development story, with power being critical to the continent's economic growth. As more than 600 million people (or 44% of the population) lack access to electricity, Africa is racing to add capacity to electrify rural communities and secure baseload supply in urban and industrial zon...

22 Nov 2017  |  Africa  |  Market Research

Kenyan Logistics Market, Forecast to 2020

Supported by Its Political Commitment, Young Population and Infrastructure Developments, Kenya is a Rising Star in East Africa

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Kenya displays significant potential for economic growth due to its strategic location in East Africa. Even though Kenya’s growth has been slower than that of the African region, its Vision 2030 strategy is expected to enable its growth to World Bank’s second rung of countries with highest gross national income. Two out of three Kenyans are estimat...

Economic recovery in Saudi Arabia will continue to be supported by pick up in oil production to compensative for output decline in Iran. While Aramco privatization is delayed, Saudi aims to generate $11 billion non-oil revenue through privatization program by 2020. The killing of journalist Khashoggi heightened capital flight in October 2018, as th...