1、Printer and Supplies Opportunities in the Growing African Market.Stuart LACEYOctober 2024A Rapidly Growing Continent Economic Growth Eleven of the worlds 20 fastest-growing economies in 2024 GDP growth,3.8%&4.2%in 2024 and 2025,respectively Increased Urbanization Fastest in the world +950 million pe
2、ople in next 30yrs Technical Advancements Digital transformation-2022 only 36%access to broadband Sub-Saharan Africa(excl.RSA)less than 30%access to electricity Sustainable Trends Trailblazer in renewables Solar,wind,hydro,biomass Increasing demand for locally manufactured/remanufactured(supporting
3、local production&manufacturing)A Growing population driving demand Growth in Education By 2050,+25%of the worlds population(2,5 billion).40%by end of the century Today only 9%of scholars make secondary school.E-commerce 17%compound annual growth(CAGR)since 2017 519m customers by next year Local Manu
4、facturing Low salary costs Increased local demand Increased local infrastructureSize of the Continent.Africa is 3 times larger than China.Africa-29,65 million sq.km China-9,4 million sq.kmBut even more surprising.Significant increase in consumers.Population GrowthThe Future.The future of Africa rest
5、s on economic integration.Our small economies are not competitive in the global market.A healthy internal African trade market can ensure value-added and intra-African production of manufactured goods,”The improved growth figure for 2024 reflects concerted efforts by the continents policymakers to d
6、rive economic diversification strategies focused on increased investment in key growth sectors,as well as the implementation of domestic policies aimed at consolidating fiscal positions and reversing the increase in the cost of living and boosting private cons