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Home / Sectors / Consumer Electronics

Consumer Electronics
SECTOR

Africa's tech-savvy population craves the latest gadgets. Invest in connecting Africa to the ever-evolving digital world! From smartphones to smart homes, empower Africa's digital revolution.

$1.3 Tn

Market Size

4-6%

CAGR

$1.9 Tn

Forecast

Untapped Potential: Invest in Africa's Consumer Electronics Industry

Africa's demographics are a goldmine for consumer electronics investors. A burgeoning population, projected to reach 2.5 billion by 2050, coupled with rising disposable incomes, is fueling a surge in demand for electronics. Smartphone penetration is exploding, reaching 45% in 2023 (GSMA) and on track for further growth. This digital revolution extends far beyond phones, creating a market hungry for laptops, TVs, home appliances, and more.

Despite this rising demand, Africa's consumer electronics market remains underpenetrated compared to developed regions. This translates to a vast untapped potential for foreign investors entering the African market. This presents a unique opportunity to capitalize on a tech-savvy population eager to embrace the latest gadgets and technologies. By investing in Africa's consumer electronics sector, foreign companies can become key players in powering the continent's digital transformation, fostering economic growth, and creating a win-win situation for investors and consumers alike.

Consumer Electronics
Investment Zones

Zones Industrielles de Cote d'Ivoire (ZIC), is a Public Private Partnership (PPP) between Arise IIP and the Republic of Cote d'Ivoire, spread over 440 Ha at PK-24 (24 KM from the economic capital of Abidjan). The Government's objective for setting up an Industrial Zone with Arise IIP, is to promote the manufacturing growth of CIV and to ensure the processing of the abundant agricultural commodities.

Strategically located in DRC's capital Kinshasa, one of the world’s fastest growing megacities in Africa, the CIP economic zone offers investors the best entry to a direct market of nearly 20 million inhabitants.

Industrial Platform Remo Free Zone (IPRFZ) is a Public-Private Partnership of ARISE IIP and the Ogun State Government in Nigeria. Focus is on maximizing the local resource production, efficiency & cost.

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