Africa’s demand for manufactured products is projected to increase by thirty percent between 2020 and 2030. This growth is driven by an increase in the population, rising incomes, and an expanding market. Bolstering this growth are market access initiatives and policies such as the Africa Continental Free Trade Area, Regional Economic Communities, and shifts in global supply chains.
At the same time, Africa’s manufacturing sector faces major challenges such as low productivity, outdated technologies, low levels of capital and investment, and high energy costs and unreliable electricity supply. Consequently, Africa imports iron, steel, cement, paints, and basic consumer packaged goods—for example, foods and beverages—which can be produced locally. Significant shifts and improvements are necessary for the sector to drive Africa's structural transformation.
We assist manufacturers in securing financing, forging technology partnerships, and modernizing operations to boost supply chain resilience, including transitioning to cleaner, renewable energy sources. We collaborate with investment agencies to drive new manufacturing investments and advocate for trade-enhancing policy reforms.
