Kenya Named Second Biggest Market In Africa By Uber

There are currently 363,000 active Uber users in Kenya, according to the latest statistics released by the company to mark its fourth year of operation in the continent.

South Africa is told to be Uber’s biggest market in Africa with 969,000 active riders, while Kenya is second.

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Turkish Exporters Target Africa

At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.


Africa has recorded an annual growth rate of 5 percent over the last decade and is expected to continue this trend in the coming years. Six out of ten fastest growing economies in the world are now in Africa. Economic predictions indicate that Africa will be a $29 trillion economy in 2050, larger than the 2012 combined GDP of the US and Eurozone.

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CHINA’S KEEN INTEREST IN THE AFRICAN AUTOMOTIVE MARKET

The global automotive business is in its most disruptive era since the advent of the industry over a century ago, creating an abundance of opportunities for new and established companies in the global automotive market. Analysts anticipate the market to grow by 2%, reaching 91 million new units sold in 2016.


The African economy has seen steady growth for the past decade and even with sustained low oil and commodity prices, the automotive industry is expected to grow considerably in most countries. Africa is forecast to grow between 3% and 3.7% in 2016 with East Africa retaining its position as the fastest growing region on the continent.

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AFRICA'S MOST DYNAMIC AUTOMOTIVE & SPAREPARTS EXHIBITIONS

EXPOGROUP WORLDWIDE brings to you another edition of the hugely successful AUTOEXPO AFRICA, to be held in Kenya at the Kenyatta International Conference Centre (KICC), Nairobi from 11 - 13 April, 2017; in Tanzania at the Mlimani Conference Centre, Dar es Salaam from 16 - 18 August, 2017 and in Ethiopia at the Millennium Hall, Addis Ababa from 12 - 14 May, 2017.

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