Gearing Up: Accelerating Growth in Africa’s Automotive Industry
Despite having a population of over 1 billion, Africa’s automotive industry only represents 1% of global new car sales, with 85% of those being sold in South Africa alone. What accounts for this disparity?
In partnership with Afreximbank and the Intra-African Trade Fair, Invest Africa is delighted to invite you to a detailed examination of Africa’s automotive industry covering growth opportunities, strategies investors and financial institutions can implement to mitigate the effects of the pandemic and how initiatives such as the AfCFTA will help boost manufacturing across the continent, critical for supporting sales in key growth markets like Ghana and Morocco.
Key discussion points:
· Will we see increased activity of investment into Africa’s automotive asset class post-COVID19?
· What instruments are currently in place for financial institutions to accelerate growth?
· How will the automotive sector bounce back from the pandemic?
· How can governments help the automotive sector buffer the economic shock?
· Will we see the same focus from international automotive brands entering Africa in 2021?
· What role will the rollout of the AfCFTA play in bolstering automotive infrastructure in 2021?
· What role do ESG standards play in providing sustainable growth in the automotive sector?
Confirmed Moderator:
Confirmed Speakers: