France is perfectly positioned, owing to its history and its links with Africa. French firms have many more chances to maintain a real competition compared to new entrants.
The challenges new entrants face in terms of comprehension and strategic decision-making support can be the following:
The continent is extremely complex: 54 countries, about 2100 languages and huge local disparities;
- The market data, statistics and estimations often are not available in many African countries;
- The main international data bases deliver information about a few African markets but without the local presence their offer is not exhaustive.
FLA Consultants enables companies to build a real structured approach in terms of African market understanding
due to its major assets as
- Strong experience in the markets difficult to access
- Ability to detect relevant local information sources and to question them,
- A range of databases specialized in emerging countries,
- Network of professional partners
What we offer
- Setting up of competitive, strategic, political and geopolitical monitoring tools for different African countries,
- Strategic analysis of collected information and distribution of results,
- Elaboration of industry insights for many African countries,
- Carrying out of detailed surveys through interviews, as well as quantitative and qualitative studies.
Africa, a land of opportunity
The attractiveness of this region, despite the political and other social and economic difficulties, is the result of many factors: a sustainable economic growth, that maintained an average growth rate of about 4% in 2013 and is projected to accelerate to close to 5% in 2014 and 5%-6% in 2015; profound economic transformations and restructuring of the industrial base and the business environment that goes on at a significant pace.
But growth performance varied widely across country classifications and regions. Growth in sub-Saharan Africa was 5% in 2013 and is projected to be 5.8% in 2014. Excluding South Africa, the figures are 6.1% and 6.8%, respectively. East and West Africa recorded the fastest growth in 2013, 6% or above.
The two other regions of the continent, Northern and Southern Africa, have relatively less favorable outlook (at below 3%) due to political and social tension and the underperformance of the mining sector.
Economic growth in Africa (%):
Source: African Economic Outlook Report 2014, OECD