The world is eyeing Africa’s $3T market. Maclear is joining the momentum.
🟠 60% of the world’s uncultivated arable land, yet it imports food.
🟠 A $65B livestock sector, but massive untapped potential.
🟠 A $70B pharma industry, yet 70% of medicines are imported.
The paradox? Africa exports raw materials and buys back finished goods—a cycle that limits industrialization and economic growth. But that’s starting to change.
At the Eighth Africa Business Forum, policymakers and industry leaders focused on turning Africa’s potential into prosperity through:
🟠 Scaling agro-processing hubs & Special Economic Zones
🟠 Harmonizing pharma trade regulations
🟠 Investing in infrastructure to lower cross-border costs
🟠 Strengthening public-private partnerships for innovation
With the African Continental Free Trade Area (AfCFTA)—a $3T single market—Africa has a huge opportunity to reshape its economic landscape. But real change requires real action.
Oh, and one more thing…
8lends have some exciting projects launching in Africa soon. Stay tuned — big things are coming.
P.S. We recently explored business growth in Kenya. Watch here: https://www.youtube.com/watch?v=jtHkTOlmu1A
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