South Africa is the ideal location for this event: it is Africa’s largest and most developed economy, it is the most sophisticated and fast moving food and drink market and it acts as a trading gateway to the rest of the continent’s markets. Food production is one of the continents’ biggest manufacturing industries. The number of consumers in the food service industry will increase to 42 million during the course of 2017-18.
AFRICA IS SPENDING UP TO $50 BILLION PER YEAR ON FOOD IMPORTS
AFRICA NOW HAS THE FASTEST-GROWING MIDDLE CLASS IN THE WORLD. SOME 123 MILLION, 13% OF THE POPULATION, SPEND MORE THAN US$4 A DAY
INCOME GENERATED BY THE SOUTH AFRICAN FOOD AND BEVERAGES INDUSTRY INCREASED BY 5,6% YEAR-ON-YEAR IN MARCH 2018
INCOME EARNED IN THE FOOD AND BEVERAGES SECTOR IN SOUTH AFRICA IS DOMINATED BY INCOME FROM FOOD SALES OF RESTAURANTS AND COFFEE SHOPS, WITH IT MAKING UP ALMOST 45% OF ALL INCOME EARNED IN THE SECTOR.
SOUTH AFRICA WAS AFRICA’S SECOND BIGGEST ECONOMY AT $349.3BILLION IN 2017
Delivering the latest product trends and industry news straight to your inbox.
(We'll never share your email address with a third-party.)
Power coal vigilance demand expectation fails
Shaanxi coal group fully guarantees the coal supply of Hubei regional market
In 2019, the macro leverage ratio was 245.4%, up 6.1 percentage points
What is the impact of the epidemic on the coal market?
Lack of downstream demand, lack of power for port coal price rise?
The delayed resumption of coking steel in most coal mines in Southwest China