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Africa

Showing 65 - 96 of 340 documents
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Local Wines Dominate In South Africa

Grape production in Africa remains relatively high and grape farmers often have wineries on their respective farms. This has resulted in the local wines dominating the wines market in South Africa. In the 5 year period leading up to 2013, fine wines/champagne and spirits have seen value growth of 12%, to reach R1 billion. Fine […]
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Africa Tipped to Become Surfing Capital of the World

Many emerging tourism destinations in Africa have identified surfing as a target market, reveals the WTM Global Trends Report 2014 by Euromonitor International, first released on Monday 3 November at World Travel Market. South Africa has an established reputation with the international surfing community but other countries are gaining a foothold. Sierra Leone hosted a […]
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Sub-Saharan Africa: The Next Retailing Frontier

Retailing in Sub-Saharan Africa, with 10% CAGR for 2008-2013, showed the fastest growth globally, driven by socioeconomic factors, such as rising GDP, consumer expenditure and increasing urbanisation. Disposable income in Africa’s largest cities is rocketing, creating a favourable playground for retailers. Encouraged by these developments, international companies, including Shoprite Holding Ltd, Wal-Mart Stores Inc and […]
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Reaching Consumers at the Bottom of the Pyramid

The bottom of the pyramid (BoP) has become overshadowed by the emerging middle classes but it remains an important consumer group; which taken as a whole, represents a huge market. Nevertheless, this segment remains underserved and so opportunities abound particularly for those who can innovate to offer original and aspirational products and services. A […]
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Are Insects the Answer to Global Food Security?

One of the biggest challenges facing global policymakers is how to feed the world’s growing population (expected to reach 8 billion by 2024) and expanding middle class, which has resulted in an accompanying increase in protein demand as consumer diets shift towards meat. The answer could be…insects, which are already being eaten in many parts […]
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Africa’s Markets of the Future

Euromonitor’s recently released Markets of the Future reports reveal the next eight Sub-Saharan African consumer markets with the brightest growth prospects – Angola, Côte d’Ivoire, Ethiopia, Ghana, Mozambique, Senegal, Tanzania and Uganda. These markets had a combined consumer spending of US$192 billion in 2013 and a combined population of 289 million. Between 2013 and 2030 […]
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Euromonitor to Speak at ATA Conference 2014

Event: ATA Conference Dates: November 11-16, 2014 Location: Kampala, Uganda Description: ATA’s signature event in Africa provides a networking, learning and agenda-shaping platform for the most diverse group of tourism industry stakeholders of any travel industry event on the continent. The event addresses timely industry topics, offers a line up of educational and professional development […]
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National Automotive Industry Development Plan (NAIDP) Drives Car Sales to Record Levels in Nigeria

In October 2013, the Federal Government of Nigeria announced its National Automotive Industry Development Plan (NAIDP). In order to stimulate investment in local vehicle production and thereby bolster Nigeria’s economy instead of revenues heading abroad, a core component of the plan is an increase in import duties for passenger cars from 20% to 70% (35% […]
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