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18 Dec 2020  |  Africa
Growth in the Market to be Driven by Last-mile Logistics Services and New Women Riders
Egypt is one of the fastest-growing and most resilient markets in the African continent. In 2019, it was the 45th largest economy and experienced significant economic advancement owing to a considerable reduction in unemployment and inflation. The country's GDP also increased by 5.6% to $302.3 billion between 2018 and 2019 with the industrial secto...
05 Jun 2019  |  Africa
Unlocking the Continent’s Business Travel Potential
Africa's economic growth continues to extend across the continent. To many, Africa represents some of the final frontiers for industrial development. Large-scale infrastructure developments, especially in airports and roads, are having a positive effect on improving commercial linkages in Africa. There is, however, still significant space for inn...
27 Feb 2019  |  Africa
Growth of 5.5% Expected as Right to Repair Policy and Online Retail Will Force OEMs, Dealers, and Suppliers to Re-imagine Business Models and Forge New Partnerships
This report is a synopsis of the trends and factors impacting the South African automotive aftermarket sector. It provides an economic analysis to assist the reader in understanding the economic backdrop against which the aftermarket is performing and being challenged. It is clear that the previous government?s maladministration of the economy led ...
04 Dec 2018  |  Africa
The Key to a Sustainable Source of Fuel for Transport
The South African electric vehicle (EV) market is still in its infancy, but is expected to grow at a slow but steady pace over the next five years. South Africa’s automotive sector is currently ranked 23rd in terms of manufacturing and is a key player in the international automotive value chain. The EV market is currently restrained due to a vari...
26 Oct 2018  |  Africa
Product Offerings are Constantly Evolving to Cater to the Growing Operational Leasing Market in South Africa
The South African leasing market is constantly evolving as leasing companies and OEMs continue to develop products to meet the ever-changing needs of their customers. Significant growth within the operational leasing market in South Africa is expected as consumers become increasingly aware of the benefits of leasing. The market will be marked by in...
16 Jan 2018  |  Africa
Despite the Economic Slowdown, the Leasing Industry Witnessed a Stable Growth Rate of 10.0% In 2016
Vehicle leasing is seen as a solution to the growing problems faced by companies for their mobility needs, including vehicle funding, fleet maintenance and, more importantly, residual risk handling. Businesses in the present market conditions are focused on their core products/services and would like to outsource all other support activities. Mobil...
27 Nov 2017  |  Africa
Country to Emerge as a Regional Hotspot Owing to Its Comparatively High Logistics Performance and the Long-term Economic Growth Potential
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 o...
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28 Sep 2017  |  Africa
Trade Cooperation, Infrastructure Upgrades, and Digitalization Will Open Growth Opportunities in Kenya, Morocco, Nigeria, and South Africa
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...
25 May 2017  |  Africa
African Infrastructure Development is Driving Expansion and Boosting Investments in Commercial Vehicle Markets in West and East Africa
Africa’s industrial prospects have evolved over the last twenty years, as the continent entered a period of sustained growth. That growth has spurred developments in transport infrastructure and improved industrial prospects. One of these sectors is the automotive assembly and manufacturing sector. This research service covers the commercial veh...
05 May 2017  |  Africa
Despite Slowdown, the Market is Expected to Grow at a Robust CAGR of 6.1% until 2025, Driven by Increasing Infrastructure Developments
The African commercial vehicles (CV) market, despite the slowdown due to low oil and commodity prices, is expected to grow at a compound annual growth rate (CAGR) of 6.1%, largely driven by increasing infrastructural developments and rising urbanisation. South Africa is the largest contributor to the CV market in Africa, with 53% share. However, un...
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