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AFRICA - THE NEXT GROWTH MARKET
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- Category: Consumer & Household
- Published on Wednesday, 23 November 2016 12:06
- Written by Super User
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Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities in the region.
Over the past decade, Africa's real GDP grew by 4.7% a year, on average—twice the pace of its growth in the 1980s and 1990s. This growth was observed across all nations and sectors. By 2009, Africa's collective GDP of $1.6 trillion was roughly equal to Brazil's or Russia's, making the continent among the fastest-expanding economic regions in the world today.
Kenya’s Two Rivers Mall to be opened next month
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- Category: Consumer & Household
- Published on Monday, 22 August 2016 12:19
- Written by Super User
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Two Rivers Mall in Kenya is projected to be opened next month after additional time was used to expand it following the immense demand it received from other retailers.
The mega mall being developed by Centum was initially supposed to occupy 1.2m square feet of land but has currently been increased to 1.7m space of land.
Read more: Kenya’s Two Rivers Mall to be opened next month
Kenyan developers eye counties for malls construction
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- Category: Consumer & Household
- Published on Friday, 05 August 2016 12:02
- Written by Super User
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Kenyan developers are now focusing on the markets in the county regions to construct shopping malls; this is according to analysts and realtors.
The analysts argue that the urban areas especially Nairobi has now been filled with so many shopping centres which target the middle class market.
During the 2016 East Africa Property Investment Summit (EAPIS), Britam Asset Manager Chief Economist, Mr. Kenneth Kaniu confirmed the reports and said that apart from the Two Rivers Mall which is scheduled for opening sometime this year, there will be no more space for retails in Nairobi.
“Beyond the Two Rivers Mall expected to open by the end of this year 2016, no further retail space will be required in Nairobi.
He further pointed out that some places for instance Naivasha, Nakuru, Kisumu, Nanyuki and Mombasa present brilliant prospects for malls that range between 1,000 to 10,000 square feet.
Read more: Kenyan developers eye counties for malls construction
THE FIRST “MILITARY LOGISTICS”FORUM IN INDONESIA WILL BE HELD ON “INDONESIA TRANSPORT, SUPPLY CHAIN AND LOGISTICS 2016”
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- Category: Consumer & Household
- Published on Thursday, 28 July 2016 05:03
- Written by Super User
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Indonesia Transport, Supply Chain and Logistic (ITSCL) 2016 will be held on 19 - 21 October 2016, located in Jakarta International Expo, Kemayoran, Jakarta, Indonesia. ITSCL 2016 is the only one exhibition that is dedicated to all product and service providerin Transport and Logistics industry, with the aims to distribute goods and supply chains throughout Indonesia and foreign countries.
This event is organized by Reed Exhibition Panorama (RPE). RPE is a joint venture company between The World's Leading Events organizer, Reed Exhibitions and The Most Integrated tourism companies, transportation and hospitality in Indonesia, Panorama Group. (Read more in www.reedpanorama.com)
