South African President Cyril Ramaphosa announced on Thursday, 10 June 2021, that South Africa’s private electricity production threshold increased from 1 MW to 100 MW to combat the country’s electricity shortage. The increase would be facilitated by an amendment to Schedule 2 of the Electricity Regulation Act “within the next 60 days or sooner”.…
The tool industry in Africa The Tool industry in Africa is very diverse and consists of several sub-segments. It is mainly assigned to the metal industry and describes the manufacture of hand tools, machine tools, metalworking tools and agricultural equipment. The African power tool industry alone is forecast to grow up to approximately US$ 7.3…
South Africa’s growing market for recycling solutions provides international technology suppliers and service providers with a multitude of business opportunities. Through private initiatives, the recycling market in South Africa is growing into a market with large potential. There is an increasing demand for high-quality secondary raw materials consisting of recycled plastics as well as paper…
Food and Beverage industry in Africa Africa has experienced good economic growth in recent years. The continent is home to 4 of the 10 fastest growing economies in the world. Ethiopia and Rwanda occupy the first two places worldwide. In addition, Côte d’Ivoire and Tanzania are two other African economies in the top 10. The…
The African Continental Free Trade Area On the first of January 2021, the long-awaited African Continental Free Trade Area (AfCFTA), which was planned since 2015, came into effect. The number of member countries makes this the largest Free Trade Area in the world since the founding of the World Trade Organisation. The free trade area…
The South African government has announced that the construction of 62 infrastructure projects to the value of R360 billion is scheduled to begin between August and October 2020. A total of 276 new infrastructure projects were announced by the president at the Sustainable Infrastructure Development Symposium (SIDS), of which 50 were ready to be constructed.…
Nigeria’s Renewable Energy – A country with more than 200 million citizens yet it has been reported that the country’s average electricity consumption is only 150 kWh per capita – almost half the amount of what it’s peer countries in Western Africa are consuming who have a significantly lower population. With only 12 GW installed,…
The E-Commerce market encompasses the sale of physical goods via a digital channel to a private end user (B2C). Incorporated in this definition are purchases via desktop computer (including notebooks and laptops) as well as purchases via mobile devices such as smartphones and tablets. The Covid-19 pandemic is quickly changing the buying behaviour of people…
South African Export Market: South Africa’s current global export competitiveness is at an all-time peak and has been described as “unbelievable”. According to chief economist Dr. Azar Jammine, it is likely to remain so for “a good few months”. This is a great opportunity for the South African export market and exporting companies. The current…
Medizintechnikmarkt in Südafrika Südafrika ist bei weitem der größte Markt für Medizintechnik in Subsahara-Afrika. Der südafrikanische Staatshaushalt 2020 schlägt konsolidierte Gesamtausgaben in Höhe von R1,95 Billionen in 2020/21 vor, wobei die größten Mittelzuweisungen in die Bereiche Bildung und Kultur (R396,4 Milliarden), Gesundheit (R229,7 Milliarden ) und soziale Entwicklung (R309,5 Milliarden) fließen sollen. Südafrikas aufstrebender Sektor…
