Industry Dynamics

The manufacturing sector in Mozamique is fairly incipient. It currently contributes about 9 percent to GDP and 0.8 percent to employment.

The Ethiopian government wants to be the center of investment in Asian countries, especially in the textile and apparel sector.

Africa's economic growth continues to strengthen, reaching an estimated 3.5 percent in 2018. This is about the same rate achieved in 2017 and up 1.4 percentage points from the 2.1 percent in 2016.

Total consumer spending was expected to increase from $55bn in 2014 to $85bn by 2015. But the government is hoping for more of this spend to go towards locally produced food and other consumer goods.

In 2014, Sub- Saharan Africa recorded 2% of vehicle ownership per capita compared with 70% in the United States, 50% in Europe, and 6% in China (OECD/IEA, 2014).

Quarter-to-quarter, import unit value of food registered a negative growth of 0,4%, while fats and oils and grain mill products were at a positive growth of 5,0% and 4,4%,respectively.

Due to the steady growth in demand for plastics and machinery in Africa, the African plastics industry is reporting high growth rates. Some areas identified as opportunities for international companies include plastics production machinery (PME) and plastics material resins (PMR).

Narok Governor Samuel Ole Tunai welcomes Chinese investors to visit the county to explore business opportunities in the area.

The total commercial timber plantation area in 2016/2017 was 1 212 383 hectares. Private sector ownership accounts for 82% of the total plantation area.