Africaâ€™s Power & Energy Exhibition & Conference is announced as market continues to attract investment
Africa has experienced massive internal growth in major areas within the last 20 years which have contributed greatly to investorsâ€™ assets and one area in particular is in particularly high demand and continuously predicting huge returns â€“ the energy market.
It has already had an impact in creating greater well-being to the people of Africa whilst boosting profits for shareholders involved. Due to this massive interest in the African power sector which includes the UNâ€™s 2014 â€˜Sustainable Energy for Allâ€™ programme and highlights Africa as one of the main areas of focus, EXPOGROUP is organizing The 6th Power & Energy Exhibition & Conference 2017 from the 11th to the 13th of April, 2017 at Kenya's prime international venue;KICC in Nairobi and the 3rd edition from the 16th to the 18th of August 2017 at Tanzaniaâ€™s international venue; the Mlimani Conference Centre in Dar-es-Salaam.
Ethiopia is the 5th major investor in renewable energy in Africa at US $ 100 million, according to the Renewable, Global Status Report, according to Capital. South Africa leads in renewable energy investment followed by Morocco, the second major renewable energy investor at US$ 2 billion.
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.
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.
After an overwhelming response in 2016, Expogroup Worldwide announces another edition of MEDEXPO AFRICA, the leading healthcare trade fair in Africa. Taking place from 2 - 4 June, 2017 at the Kenyatta International Convention Centre, Nairobi, Kenya and 22 - 24 August at the Mlimani Conference Centre (MCC), Dar es Salaam, Tanzania, the event brings together more than 5000 healthcare professionals with 400 of the worldâ€™s leading healthcare suppliers, manufacturers and service providers, all under one roof, to find the latest industry innovations, network and do business.
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 regionâ€™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.
The future of food, hotel and agriculture in Africa will be a key theme throughout the 2017 installment of FOODAGRO AFRICA, which will run from 2 â€“ 4 June, 2017 in Kenya, 10 â€“ 12 August 2017 in Tanzania and 12 â€“ 14 May 2017 in Ethiopia. More than 500 exhibitors will showcase their latest innovations to thousands of buyers and decision makers, all looking to place orders on the industryâ€™s newest products. Visitors will also be able to hear from experts who will offer business support, advice and debate during the three-day events.