Globalider exports capital goods and machinery to West Africa

For the manufacture of concrete blocks and vaults

In collaboration with a Spanish manufacturer

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Globalider is boosting the export of capital goods and machinery to the African market . In collaboration with a Spanish manufacturer, it is promoting the distribution of semi-automatic equipment for the production of concrete blocks and hollow core slabs.

 

To understand what Sub-Saharan Africa offers, you have to experience it from within, work with it, understand it, and not just rely on stereotypes (which is the tendency of many). From a business perspective, outward-looking perspectives aren't limited to mature markets like the EU and rapidly maturing markets like Latin America, but also include regions that have been growing at rates of 6% and 7% for the last 10 years, as is the case here.

 

Some initial figures on Africa can help put the continent's economic dynamism into perspective:

 

– A population of one billion.

– Seven African economies among the 10 fastest growing in the world between 2010 and 2015.

– A share of 5,5% of the total foreign investment projects in the world.

– 26 African states included in the Tripartite Free Trade Agreement (T-FTA of 2008) with a market of 600 million people, a total GDP of one trillion dollars, and long-term GDP growth of over 5%.

– Foreign direct investment that has grown at a compound annual growth rate of 20% since 2007.

 

Africa currently accounts for 4% of global wealth, but that percentage is projected to rise to 7% by 2030 and to 12% by 2050. According to Banque Lazard Afrique, the 21st century will be African. A total of 28 of the continent's 54 countries are expected to grow at an average annual rate of 5% over the next five years. The African Development Bank's African Economic Outlook indicates that the African continent must focus on implementing the necessary reforms to stimulate growth and avoid tensions like those experienced by its North African neighbors.

 

In the 2000s, Africa was the second fastest-growing continent. This growth primarily reflects improvements in the macroeconomic landscape, political stability, and the business climate. The sectors most representative of this growth are agriculture (which employs 49% of the continent's workforce), manufacturing, local services (consumer goods, banking, transportation, communications, and tourism), and natural resources , which continue to be the continent's engine of growth (primarily mining and oil).