
Growth Opportunities: Africa as an Emerging Growth Continent
Description
Africa is emerging as a global growth frontier. The primary reasons supporting its rise are its high GDP growth rate, which exceeds the global average, a rapidly growing young population, and robust domestic and foreign investments in key sectors such as automotive, mining, oil and gas, and agriculture and agro-processing. Rapid urbanization is another factor elevating the continent’s significance on the global platform. Additionally, increased investments in green businesses and digitalization boost the region’s productivity and manufacturing capacity. Africa’s mineral-rich reserves also make it a driving force supporting the low-carbon economy vision of the future. This study explores the continent’s development prospects and evolution over the years in terms of economic, social, and demographic perspectives. It discusses high-potential sectors and provides insights into the promising factors driving their growth. To help companies capitalize on growth opportunities, the report identifies the transformative megatrends and emerging green technologies companies are investing in to gain a competitive advantage.
Table of Contents
- Why is it Increasingly Difficult to Grow?
- The Strategic Imperative 8™
- Our Megatrend Universe—Overview
- Our Megatrend Universe—Africa as an Emerging Growth Continent
- Key Findings
- Outlook—Africa as a Continent
- African Continent Evolution: Past, Present, and Future
- Innovation and Entrepreneurship
- Economic Overview
- Demographic Overview
- Socioeconomic Overview
- Sector Overview
- Growth Sector 1: Automotive Sector
- Growth Sector 2: Agriculture Sector
- Growth Sector 3: Pharmaceutical Sector
- Growth Sector 4: Transport Sector
- Growth Sector 5: Oil Sector
- Case Examples of the Automotive Industry
- Case Examples of the Transport and Logistics Sector
- Case Examples of the Agriculture and Agro-processing Sector
- Case Examples of the Pharmaceutical Sector
- Case Examples of the Oil and Gas Sector
- Global Alliance Scenario
- Challenges and Ethical Considerations
- Trend Opportunity Levers—Drivers of Change Until 2030
- Trend Opportunity Impact and Certainty Analysis
- Trend Opportunity Disruption Index
- Trend Disruption Attractiveness Score
- Trend Opportunity Growth Index
- Trend Growth Attractiveness Score
- BEETS Trends for Africa as an Emerging Continent
- Growth Opportunity 1: Space Data-as-a-Service
- Growth Opportunity 2: Growth of Super Apps
- Growth Opportunity 3: Investment in Hydrogen Fuel Cell Technology
- Critical Success Factors for Growth
- Conclusion
- Our Megatrend Universe
- Benefits and Impacts of Growth Opportunities
- Next Steps
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