Fastest Growing Industries in Africa for 2018!
The face of Africa is changing and these growing industries in the continent prove it all.
Thanks to structural changes in many African countries, productivity revolution is helping many companies to achieve greater economies of scale.
The World Bank forecasts
growth of 3.2 % for the year 2018, compared to forecasts of
2.4 % made in 2017. A growth
of 0.8 % is a huge representation, which has only boosted
the morale of many who want to expand their businesses in
Africa. Changing rigid policies
in Africa and the fall of hostile regimes has led to a more energized market.
Fueling the
African economy, the oil and gas industry has boomed owing it to rising commodity prices.
An accelerated expansion
should be seen as oil prices continue to recover this year.
Forecasts growth for 2018 comprises of six African countries
of the world’s ten fastest-growing economies.
with all these good happenings, industries in Africa are definitely growing.
Federal Capital Holdings
has been designed to help you set
your goals and achieve them more easily.
With our experience
in managing clients’ investments to
reach their financial goals and our
consistent investment
approach, our aim is to grow our clients’ portfolios.
Even our greatest challenges are overcome one step at a
time.
set your goal on the monthly or yearly amount you
will be investing and watch your how fast your portfolio
grows. No matter what's on your mind
Speak to us today and let us decide what best for you.
Construction Industry, wholesale & Retail
The mineral industry of Africa is the largest mineral industries in the world. Africa is the second largest continent, with 30 million km² of land, which implies large quantities of resources. For many African countries, mineral exploration and production constitute significant parts of their economies and remain keys to economic growth. Africa is richly endowed with mineral reserves and ranks first or second in quantity of world reserves of bauxite, cobalt, industrial diamond, phosphate rock, platinum-group metals (PGM), [vermiculite.
African mineral reserves rank first or second for bauxite, cobalt, diamonds, phosphate rocks, platinum-group metals (PGM), vermiculite and zirconium.[3] Many other minerals are present in quantity. The 2012 share of world production from African soil was bauxite 7%; aluminium 5%; chromite 38%; cobalt 60%; copper 9%; gold 20%; iron ore 2%;
steel 1%; lead (Pb) 2%; manganese 38%; zinc 1%; cement 4%; natural diamond 56%; graphite 2%; phosphate rock 21%; coal 4%; mineral fuels (including coal) & petroleum 47%; uranium 18%.[4] platinum 69.4%.
Exploration activity, as defined by African exploration budgets reported by the MEG[who?], increased to $807 million in 2005 from $572
million in 2004. Africa's share of the world exploration budget increased slightly to 16.5% in 2005 from 16.1% in 2004. In 2005, the principal mineral targets in Africa were copper, diamond, gold, and platinum group metals (PGM)
More Than -
16 Investment Sectors to choose from -
Join US now & Lets Help you grow
