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How fast is Africa’s car manufacturing industry growing?
In 2020, over 600 vehicles were produced in Africa, with some 484,000 passenger cars produced on the continent, a decrease of around 39 percent compared with the previous year. South Africa produced 238, 000 cars, Morocco produced 221,000 cars and Egypt produced 23,000 cars. The two leading countries in passenger car production in 2020 were South Africa and Morocco.
The African automotive market was valued at USD 28.45 billion in 2020, and it is expected to reach USD 39.87 billion by 2026.
Africa’s automobile industry is revving up for growth as multinational car makers eye the continent’s untapped market to drive up sales and expand production. With the market registering a fresh wave of multimillion-dollar investments, the African Development Bank (AfDB) is helping to position the continent as a “final frontier” for global carmakers.
This comes as Morocco, bolstered by automakers like, Nissan and Peugeot as well as Chinese newcomer, BYD adopts a new strategic roadmap for 2021-2030. The roadmap is designed to boost the value of local sourcing to $2.9 billion by 2025. As part of the grand plan, the state wants to raise local integration by 80 percent, up from 65% during the forecast period.
Elsewhere, multinational carmakers are setting up new production plants in Angola, Ethiopia, Ghana, Kenya, Namibia, Nigeria, Rwanda and South Africa.
Increased activities began in November 2015, when executives from the world’s biggest car manufacturers embarked on a concerted effort to grow Africa’s auto industry.
Since then, the newly-created African Association of Automotive Manufacturers (AAAM) has been working with African governments to create a policy environment for the sector to flourish.
For a continent with well over 1bn inhabitants, Africa’s slice of just 1% of global new car sales – with 85% of those sold in South Africa – leaves plenty of room for growth. Particularly when continental spending power has risen at over 10% per annum for considerable periods since 2000.
Analysts predict that by 2030 over half a billion Africans will have joined the middle-class, fueling further demand for cars, including electric cars which have already gained entry into the market.
Given Nigeria’s road network, population and ability to pay, the West African state is considered to be the continent’s largest potential automotive market.
Morocco and South Africa are currently the largest vehicle manufacturers in Africa, with South Africa producing in excess of 600,000 units and Morocco churning out marginally under 400,000 units annually.
Other African countries are jumping into the fray in both car manufacturing and assembly. However, homegrown car manufacturers have also started sprouting up across the continent, including South Africa’s Birkin Cars, Nigeria’s Innoson Motors, Ghana’s Kantanka Cars, Uganda’s Kiira Motors, Morocco’s Laraki motors, Kenya's Mobius motors, and Tunisia's Wallyscar. Most of them looking to wrest market share from second-hand car importers.
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African countries that have their own domestic automobile industry. Some companies like Morocco's Laraki even produces some of the most expensive cars on Earth.
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Edward T. Hightower, Managing Director, Motoring Ventures LLC. and Author, Motoring Africa: Sustainable Automotive Industrialization, delivered a keynote address at the 2019 Trade with Africa Business Summit in Chicago.
Trade with Africa Business Summit https://[a]www.twasummit.com[/a]
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Presented By: Nazaru LLC https://[a]www.nazaru.com[/a]
About Nazaru LLC.
Nazaru is a U.S. based service company. We connect Africa to global markets through product distribution, trade and investment facilitation, market insights, trade events, consulting and training. The acclaimed Trade with Africa Business Summit is a production of Nazaru and convenes business leaders, investors, trade experts and policy makers engaged in commerce across the African continent.
Founded in 2016, Nazaru supports you to achieve your trade (export, imports, investment, business) goals. We draw from our strategic global relationships, networks & expertise. Nazaru showcases the strengths that Africa has to offer Buyers, Sellers, Investors and Corporate business leaders looking to partner or invest on the continent.
As a company, Nazaru LLC. operates in several strategic areas including: Export Development & Supplier Training Trade Events Branding, Marketing, Sales & Distribution of Products for Retail New Product Development
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Automechanika Business Series - Webinar - Intra Africa Automotive Manufacturing, Component and Distribution Ecosystems in Africa. In association with Absa and Supported by RMI.
Ghana-based Niche Cocoa is coming to Franklin, Wisconsin. https://bit.ly/3C8i6bg #cocoa #ghananews #ghana #franklinwi
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The 3-day hybrid journey of EMWA 2021 had 30+ speakers, 40+ high-level conference at the knowledge theatre.
The women in manufacturing industry took centre stage as professionals discussed the challenges and opportunities available for women in a male dominated industry.
#emwa #manufacturing #nigeria #lagos #exhibitions
Equipment & Manufacturing West Africa is the largest and the most important event for the manufacturing industry in Nigeria, attracting 3000+ high level buyers, suppliers and experts from across the entire manufacturing value chain.
Every year manufacturing companies, industrial pioneers, engineers, consultants, manufacturers, the business community and distributors attend the event to discuss the future of the industry. The event also offers a broad educational agenda with high-level conferences and workshops conducted by the most influential people of the industry.
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Several African countries have enjoyed economic growth in recent years but there are fears that a failure to develop manufacturing could prove to be costly. Made in China" is a stamp that is global and can be found on a wide range of objects anything from T-shirts and shoes, to watches and televisions but items made in Africa is becoming more and scarcer. What efforts can be made for Africa to tap in to its full growth potential?
Edward T. Hightower, Managing Director, Motoring Ventures LLC. and Author, Motoring Africa: Sustainable Automotive Industrialization, delivered a keynote address at the Trade with Africa Business Summit in Chicago.
The acclaimed Trade with Africa Business Summit (https://www.twasummit.com) is a production of Nazaru LLC.
Toyin Umesiri (https://www.toyinumesiri.com) is the CEO of Nazaru LLC.
Nazaru LLC. https://www.nazaru.com connects you to African markets through Trade and Investment Facilitation, Marketing, Trade Events, Consulting and Training. Join Trade with Africa Network to become a member - https://www.nazaru.trade
Join our Trade with Africa® Network: https://www.nazaru.trade to access exclusive content and connect with global stakeholders. Also visit our company website for more information on our products and services: https://www.nazaru.com
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Introducing Africa Food Manufacturing’s 10th edition from the 29th to the 31st of May.
This year’s edition will be our biggest yet offering you the chance to showcase your services and products with Fi Africa & ProPak MENA, the biggest brands in ingredients and processing and packaging under one roof at Africa Food Manufacturing.
Don’t miss the chance to expand your business horizons and create unique partnerships with some of the industry’s biggest names.
The European Investment Bank is providing EUR 75 million to Institute Pasteur of Dakar, in Senegal, to build a new vaccine manufacturing facility that will produce 300 million doses of vaccines per year.
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Plastic manufacturing in Africa - Model CE55/65-1800 and HNT-85V
Polystar (Taiwan) - Original manufacturer of Plastic manufacturing in Africa
Send your inquiry for Plastic manufacturing in Africa to: sales@polystarco.com
Find more info about Plastic manufacturing in Africa on: http://www.polystarco.com/en/p....roducts_i_F02_HDPE_3
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1. Plastic manufacturing in Africa installed in Africa
2. Plastic manufacturing in Africa for making and recycling three layer film
3. The high-resistance film produced by Plastic manufacturing in Africa is suitable for high quality packaging.
Polystar is a professional manufacturer of Plastic manufacturing in Africa in Taiwan. We design Plastic manufacturing in Africa based on every customer's requirement. Polystar Taiwan produces various film making machine, including Plastic manufacturing in Africa, mono-layer, multi-layer, two layer, HDPE/LDPE/PP, double-die-head film making machine...etc.
Polystar manufactures Plastic manufacturing in Africa with capacity available from 30-200 kg/hr. Model CE55/65-1800 Plastic manufacturing in Africa produces 1350mm max. films, with capacity of 140-160 kg/hr.
Optional devices on this Plastic manufacturing in Africa including Dosing device, Auto loader, Bubble controller, Rotary die device, Edge Position Control, Corona treater, and Automatic double winder.
(1) Dosing device is used to mix the material for Plastic manufacturing in Africa
(2) Auto loader of Plastic manufacturing in Africa is used for conveying materials automatically into the hopper.
(3) Bubble controller of Plastic manufacturing in Africa is used for controlling film width.
(4) With Rotary die device, Plastic manufacturing in Africa will produce flatter and prettier film with relatively steady thickness.
(5) Edge Position Control of Plastic manufacturing in Africa is used for controlling the edge position of film.
(6) Corona surface treater is set on the Plastic manufacturing in Africa for treatment to printing film.
(7) With Automatic double winder, Plastic manufacturing in Africa is able to change film roll automatically and wind two film rolls at the same time.
Polystar's efficient, Plastic manufacturing in Africa CE is designed for producing high resistant 3 layer film, outer(A) layer and middle(B) layer. The two extruders equipped on the Plastic manufacturing in Africa are capable of loading two kinds of materials, new high-quality material and recycled material. Outer(A) layer is composed of new material while middle(B) layer is composed by recycled material. This means to help save cost of raw material. So this Plastic manufacturing in Africa produces high resistant 3 layer film and saves raw materials.
The high resistant 3 layer film produced by Plastic manufacturing in Africa is suitable for agricultural or construction application.
Polystar Taiwan has sold Plastic manufacturing in Africa and recycling machine to over 85 countries around the world for over 25 years.
Plastic manufacturing in Africa - Model CE55/65-1800 and HNT-85V
Polystar (Taiwan) - Original manufacturer of Plastic manufacturing in Africa
Send your inquiry for Plastic manufacturing in Africa to: sales@polystarco.com
Find more info about Plastic manufacturing in Africa on: http://www.polystarco.com/en/p....roducts_i_F02_HDPE_3
http://www.polystarco.com/en/p....roducts_i_F01_Cutter
The Equipment & Manufacturing West Africa exhibition 2021 opened its doors for three-days of unmissable content, networking and unrivalled learning.
It was an interesting time as industry players around the world attended Nigeria's first international exhibition physically and online to meet peers as well as tackle the big questions facing the industry at the end of an unprecedented year.
Have a look through day one's highlights and catch-up with some of the day's best moments.
#emwa #manufacturing #nigeria #lagos #exhibitions
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For this episode of PKBinspire, I share, from my experience as a global supply chain manager in the Pharmaceutical industry, how we can address the existing gaps concerning Pharmaceutical manufacturing in Africa. The healthcare and wellbeing of the continent have to be given the highest priority to secure a more prosperous future.
I proffer 8 fixes that should be adopted to support local pharmaceutical production (LPPs) and how we can coordinate multiple stakeholders to achieve a win-win for all.
Jump to a CHAPTER;
0:00 - Intro
0:45 - The problem
3:49 - A Supply Chain Magt perspective
9:50 - Proposed Fixes
19:57 - Intended Outcomes
23:32 - Conclusion
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On this video you will learn about how you can start a detergent manufacturing business in South Africa, for more information go to wizmix.co.za
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Chinese healthy wine to Africa 中国劲酒 the link of the video https://www.youtube.com/watch?v=bnM9tDvXqmM&t=40s
---- Contents of this video -----
00:00 - Intro
01:06 - Brief history of China
01:01 - Shanghai lockdown
01:48 - Chinese factory in Africa
02:23 - Chinese manufacturers footprint in Africa
03:04 - Africa Investment program
03:24 - Research on Chinese companies in Africa
04:18 - Industrialization
04:41 - Conclusion
China's manufacturing footprint is growing across Africa, as companies set up factories to tap into the continent's cheap labour and abundance of raw materials. Chinese investors are funding the construction of industrial estates and free trade zones for the production of goods that otherwise would be imported from China. They include shoes, clothes, fibre glass, construction materials, electronics, steel products and foodstuffs, which also find their way from Africa into European and American shops. Industrial estates – which have been extremely successful in mainland China – are springing up from Uganda to Ethiopia, Egypt to South Africa, Algeria to Zambia.
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there are countries like Senegal, Rwanda, Mauritius, Cote D'Ivoire and Botswana that have a strong track record of economic growth, stability and education. Six of the 15 fastest-growing economies in the world are in Africa and the continent has become a must-visit destination for the titans of the U.S. tech industry.
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Belt and Road Initiative Explained
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Africa accounts for a mere 1% of global manufacturing and is losing ground in labour-intensive industries. How can the continent bolster the productivity and competitiveness of its manufacturing sector?
Olusegun Aganga, Minister of Trade and Investment of Nigeria
Sachen Chandaria, Executive Director, Orbit Chemical Industries Ltd, Kenya
Rob Davies, Minister of Trade and Industry of South Africa
William V. Hickey, President and Chief Executive Officer, Sealed Air, USA
Leslie W. Maasdorp, President, Southern Africa, Bank of America Merrill Lynch, South Africa; Young Global Leader; Global Agenda Council on Africa
Moderated by
Vittorio Massone, Managing Director, sub-Saharan Africa, Bain & Company South Africa, South Africa
𝐓𝐢𝐭𝐥𝐞: 6 Good Manufacturing-Business Idea to Start for Ethiopia, Africa
👉 Get Ready to Watch Opesh Singh's Videos and Learn about Different Businesses that you can start in the International / Overseas Market.
𝐀𝐛𝐨𝐮𝐭 𝐃𝐫. 𝐎𝐩𝐞𝐬𝐡 𝐒𝐢𝐧𝐠𝐡:
Opesh Singh is a Businessman, Author, Investor, and a Global Business Mentor/Coach. He helps his clients make big profits by making complicated business topics easy to understand and apply in the current economic environment. He is most famous for teaching overseas businesses. He has written 8 Bestselling Books and 10 Business Programs.
𝗕𝘂𝘀𝗶𝗻𝗲𝘀𝘀 𝗦𝗲𝗴𝗺𝗲𝗻𝘁𝘀: Import-Export, Mineral Trading, Consultancy Service, Real Estate, Tourism, Health Sector, and Many More.
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𝐃𝐢𝐬𝐜𝐥𝐚𝐢𝐦𝐞𝐫: The information in this Video is true and complete to the best of our knowledge, researches and case studies. Dr. Opesh Singh and his team have made every attempt to ensure the accuracy and reliability of the information provided in this video. All recommendations are made without guarantee on the part of Dr. Opesh Singh and the Team. Dr. Opesh Singh and the team do not accept any responsibility or liability for the accuracy, content, completeness, legality or reliability of the information contained in the video. The video is made solely for educational and motivational purposes and is not created with intent to harm, injure or defame any person, body of persons, association, company or anyone. This video is not intended to spread rumours, offend or hurt the sentiments of any religion, communities or individuals, or to bring disrepute to any person(living or dead). The viewer should always do their diligence and anyone who wishes to apply the ideas contained in this video takes full responsibility for it and it is done at their own risk and with consequences. The material contained in this video cannot replace or substitute for the services of the trained professionals in any field including, but, not limited to, financial, medical, psychological, or legal matters. Dr. Opesh Singh and team do not take responsibility for any direct, indirect, implied, punitive, special, incidental or other consequential damages arising directly or indirectly on account of any actions taken based on the video. There is no guarantee that you will earn money using the techniques and ideas in these materials. Your results will be determined by a number of factors over which we have no control, such as your financial condition, experiences, skills, level of effort, education, and changes within the markets. Dr. Opesh Singh and team disclaim any kind of claim of libel, slander or any other kind of claim or suit of any sort. Viewer’s discretion is advised.
