TI Research Reports
TI ANALYST PERSPECTIVE
Thobeka Magubane | Retail Analyst
Retail in Africa remains a key area of pursuit for businesses seeking to explore new growth avenues. The African continent has experienced rapid growth with a more modern and urbanised population, improved infrastructure and increased adoption of technology and ecommerce enabling solutions to alleviate challenges that Africa has struggled with historically. This Retail in Africa report offers actionable insights for market entry and expansion opportunities in Africa, with a focus on the SADC region, particularly Botswana, Namibia and Mozambique. It indexes these as the most attractive retail markets in SADC, equipping you with key learnings for execution on long term growth for SADC countries that show significant potential for our sector.
Set your business up for long-term growth in the African continent.
With a growing young population, rapid urbanization and improving economic prosperity, the region offers attractive opportunities for businesses seeking new frontiers for growth. As interest grows for retail in Africa, we observe key themes that are shaping the retail sector in the continent, such as the significance of the informal sector, the entry and expansion of global retailers and the divestiture of South African retailers in select markets. The next decade as African economies emerge from the pandemic still present long-term opportunities for retailers, suppliers and manufacturers.