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Consumer Electronics Business In Africa, Explore Investment Opportunities in Arise IIP SEZs, Special Economic Zones Guide.

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.

$75.3 Bn

Market Size

5.62%

CAGR

$93.29 Bn

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.

opportunities in Consumer Electronics

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Mobile Accessories Manufacturing

Africa is experiencing a digital surge — with more than half a billion mobile subscribers and growing. Yet the majority of mobile accessories — from chargers to earbuds — are imported, creating a multi-billion-dollar opportunity for local manufacturing. As smartphone adoption accelerates and e-commerce grows, setting up mobile accessories production in Africa means tapping into a high-demand, under-supplied, and rapidly scaling market.

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Switchgear and Electrical Materials

Market Size

20.6 Bn

CAGR

8.7%

Africa has what the world needs—minerals, manpower and momentum. With global demand for reliable electrical infrastructure on the rise, now is the time to build your switchgear and electrical materials business at the source. Manufacture in Africa, cut production costs and supply a world that is powering ahead. The next global player in this industry? You’ll be building it here.

Consumer Electronics
Investment Zones in Africa

Consumer Electronics Business Investment in PEIA, Ivory Coast, Africa, Industry Opportunities for Investors in Arise IIP SEZs, Special Economic Zones.

Plateforme Economique Industrielle d'Abidjan (PEIA), 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.

Consumer Electronics Business Investment in CIP, Democratic Republic of Congo, Africa, Industry Opportunities for Investors in Arise IIP SEZs, Special Economic Zones.

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.

Consumer Electronics Business Investment in IPR, Nigeria, Africa, Industry Opportunities for Investors in Arise IIP SEZs, Special Economic Zones.

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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