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Transportation and Logistics Market in Africa-Transformational Trends and Emerging Growth Prospects

Transportation and Logistics Market in Africa-Transformational Trends and Emerging Growth Prospects

  • September 2017
  • 150 pages
  • ID: 5207444
  • Format: PDF
  • By Frost & Sullivan

Summary

Table of Contents

Trade Cooperation, Infrastructure Upgrades, and Digitalization Will Open Growth Opportunities in Kenya, Morocco, Nigeria, and South Africa

Due to economic and political uncertainties, African economies such as South Africa and Nigeria are expected to witness slow growth in 2017. On the contrary, improving economic conditions in Kenya and Morocco will support moderate growth. Despite differences in terms of economic growth prospects, high priority is placed on the development of transportation and logistics-related infrastructure in these countries. Regional transport networks will improve due to a number of regional and national-level transportation infrastructure development projects. Long-term business growth prospects include multi-modal transportation, cold chain logistics, intelligent transportation systems, warehousing and freight forwarding. Growth in e-Commerce will transform e-Logistics delivery models, and the online freight services market will gain traction. The adoption of digital technologies will accelerate growth in the warehousing segment during the forecast period.

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