There are certainly enough reasons for making the step onto the African continent:
The African nations are amongst the fastest growing economies in the world, with an economic growth rate which has remained constant at over 5% for many years now. In the following paragraphs, some of our roughly 550 member companies tell us their reasons for their active involvement with us in Africa.
“Siemens is actively involved in Africa as an investor, employer, supplier, educator and active business partner for the continent and its people. Our business activities focus on more than simply providing infrastructure solutions, which contribute to the growth of the African economy. We also want to contribute to skills development and a real social upswing on the African continent by means of responsible business practices. We are proud to be a strategic partner in the whole continent, as members of both the German-African Business Association and the German Chamber of Commerce Overseas – our values and intentions are positively interlinked.”
“As a strategic future market, Africa offers a high degree of potential for Bosch. In the coming years, we aim to substantially increase our turnover in Africa by offering products which improve the local quality of life. The population on the African continent is growing rapidly. Furthermore, Africa has the fastest rate of urbanisation in the world. Major opportunities enable high levels of investment in infrastructure projects, for instance in the construction industry, or in the energy sector. The German-African Business Association has an extensive network in many African countries, which is of great help to us in terms of the work we do locally. Moreover, the Association creates opportunities for us to come into contact with other companies operating in Africa, which is extremely valuable in terms of establishing partnerships and sharing knowledge.”