1. Market Research
  2. > Automotive Market Trends

Emerging Market Growth—Executive Insights on Nigeria and Kenya: Changing Business Environment and Emerging Opportunities 

  • January 2016
  • 47 pages
  • Frost & Sullivan
Report ID: 3576931

Summary

Table of Contents


Key Findings

Three of the 10 fastest-growing countries of 2014 are located in Sub-Saharan Africa. Sub-Saharan Africa is expected to remain among the fastest-growing regions globally.

The Tripartite Free Trade Area, if finalized by 2016, should help facilitate free trade between African countries and help increase intra-regional trade share by about % over the next few years.

The World Bank’s 2016 Doing Business report featured 5 Sub-SubSaharan countries—Kenya, Uganda, Benin, Senegal, and Mauritania— among the global improvers.

Africa has megacities (population over million), with another expected to emerge by 2030. Greater investments in infrastructure and energy are vital to manage rising urbanization.

Kenya, Uganda, Tanzania, and Mozambique have made oil and gas discoveries in the past decade. These countries are prioritizing local content policies when framing oil and gas laws.

Nigeria seeks to move away from its excessive oil dependence and promote industrial growth. It is expected to maintain gross domestic product (GDP) growth of %– % in the next years.

A massive infrastructure boom is under way in Kenya. The country’s growth is anticipated to touch % by 2017, from an expected % in 2015.

Rooting out militant activities is a top priority for both, Nigerian and Kenyan governments. In Nigeria, at least persons have been killed since the start of the Boko Haram insurgency in 2009.

Nigeria’s National Automotive Industry Development Plan 2014 eliminates tariffs on complete knockdown kits, thereby encouraging greater local assembly. The plan has attracted global automotive majors into Nigeria.

Investments across planned and upcoming projects in Kenyan road, rail, port, and airport infrastructure are estimated at $ billion. Sourc

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

US Automotive Technicians’ Choice Survey of Replacement Parts, 2016

  • $ 20000
  • Industry report
  • May 2017
  • by Frost & Sullivan

Technicians Shifting to Digital Platforms The importance of technicians as customers for part suppliers continues to grow with the continued expansion of the Do-It-For-Me (DIFM) channel in the US automotive ...

Liquid and Gas Filtering and Purifying Equipment Markets in the World to 2021 - Market Size, Development, and Forecasts

  • $ 22464
  • Industry report
  • July 2017
  • by Global Research & Data Services

The industry report package Liquid and Gas Filtering and Purifying Equipment Markets in the World to 2021 offers the most up-to-date market data on the actual market situation, and future outlook for liquid ...

Rubber Tyre Markets in the World to 2021 - Market Size, Trends, and Forecasts

  • $ 22464
  • Industry report
  • July 2017
  • by Global Research & Data Services

This industry report package offers the most up-to-date market data on the actual market situation, trends, and future outlook for rubber tyres in the world. Along with a global rubber tyre market report ...


ref:plp2016

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.