Table of Content

1. EXECUTIVE SUMMARY
1.1. Agriculture is a fast growing industry in Africa but requires change to expand further
1.2. African mining is providing widespread growth but industry can perform better in future
1.3. Banking is now a key growth industry in Africa as long-term prospects improve
1.4. African retail growth is promising but would perform better following reform
1.5. Realizing growth opportunities in Africa demand governments improve administration

2. AGRICULTURE IS A FAST GROWING INDUSTRY IN AFRICA BUT REQUIRES CHANGE TO EXPAND FURTHER
2.1. Expansion in agriculture is attracting investors, helping to expand key growth industry
2.2. Technology is becoming increasingly relevant to farmers in Africa
2.3. Government policy will play important role in sustaining agricultural growth
2.4. Introduction of insurance to African agriculture could help drive long-term growth

3. AFRICAN MINING IS PROVIDING WIDESPREAD GROWTH BUT INDUSTRY CAN PERFORM BETTER IN FUTURE
3.1. Moroccan mining industry performance suggests growth will be lasting trend
3.2. Tanzanian gold could be lasting hit on international markets but governance must improve to make it happen
3.3. Namibia has substantial potential to grow mining sector but must utilize resources wisely to succeed
3.4. Ghanaian gold mining industry could grow swiftly if efforts to solve fundamental issues are successful

4. BANKING IS NOW A KEY GROWTH INDUSTRY IN AFRICA AS LONG-TERM PROSPECTS IMPROVE
4.1. Mobile banking has transformed access to financial services, ensuring growth will sustain for a while to come
4.2. Developments in traditional banking is ramping up competition, inciting growth from informal economy
4.3. Pan-Africa banking is developing, helping progress towards models common in advanced economies
4.4. Challenger banks are innovating faster than established rivals, beckoning growth

5. AFRICAN RETAIL GROWTH IS PROMISING BUT WOULD PERFORM BETTER FOLLOWING REFORM
5.1.1. Online retail is expanding but African solutions to problems must be found to attain higher growth rates
5.2. Expanding access to technology is helping to improve e-commerce growth
5.3. Presence of major international retailers is boosting competition, helping to sustain growth
5.4. Fashion retail is growing as consumer cultures develop in leading African economies

6. REALIZING GROWTH OPPORTUNITIES IN AFRICA DEMAND GOVERNMENTS IMPROVE ADMINISTRATION
6.1. Improving free trade across African continent will be essential to achieve lasting growth
6.2. Formalizing the informal economy would help African countries to capitalize on growth
6.3. Taking advantage of rising Chinese interest in Africa will be important but also presents problems
6.4. Tackling corruption is essential if growth industries are to prosper on international stage

7. APPENDIX
7.1. Abbreviations and acronyms
7.2. Sources
7.3. Further reading

8. ASK THE ANALYST

9. ABOUT MARKETLINE



List of Figures


Figure 1: The Food and Agriculture Organisation (FAO)
Figure 2: Aeroview
Figure 3: Malawi sustainable farming
Figure 4: EcoFarmer
Figure 5: Main phosphate basins in Morocco
Figure 6: Investment Attractiveness Index-Africa, 2018
Figure 7: Buzwagi mine, Tanzania
Figure 8: Illegal gold mining operations in Ghana, 2014
Figure 9: M-PESA revenue (Kshbn) 2013 to 2018
Figure 10: Spaza store in South Africa
Figure 11: M-PESA
Figure 12: Bank Zero
Figure 13: Online retail spend (Rbn) 2013 to 2017, 2018 to 2023 estimated
Figure 14: Virtual Card, Standard Bank
Figure 15: Jumia
Figure 16: South Africa apparel value ($bn) 2011 to 2018
Figure 17: GDP growth of Sub-Saharan Africa 2009 to 2017 (%)
Figure 18: Proportion of products sold informally on Nigerian streets, 2015
Figure 19: Scale of Chinese money flowing into Africa

 

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