African Trade Desk

Doing business on the African continent can be challenging and sometimes intimidating. In response, Ekurhuleni Aerotropolis Chamber of Commerce and Industry (EACCI) established the African Trade Desk, an initiative to be used as a vehicle to drive business between companies wanting to do business with their African counterparts. The African Trade Desk’s goal is to be a strategic hub and centre of excellence dedicated and committed to supporting business operations in Africa.

Overview

The business potential on the African continent for those who are willing to learn and understand the complexity of the region is enormous and offers an abundance of opportunities for corporations, entrepreneurs and investors alike. As interest in Africa grows, many investors consider the African continent to be a potential investment destination. Africa has the world’s largest reserves of vanadium, diamonds, manganese, phosphate, platinum group metals, cobalt, gold, aluminium, and chromium, offering tremendous opportunities for businesses in the mining sector. With about 65 percent of the world’s uncultivated arable land, Africa has the potential to ensure its own food sufficiency and be a major supplier in global food markets.

The growth statistics for Africa are impressive. By 2050, Africa will be home to over 2 billion people,1 billion of whom will be middle class – and they will be demanding more and better infrastructure and other goods and services. With this type of growth the African market has abundant current and emerging opportunities for businesses to both expand their customer base and grow their operations across the African continent.

Potential

Trade between African countries has the greatest potential for building sustainable economic development and integration, says African Economic Outlook 2018 The report suggests trade among African countries expanded from 10% in 2000 to about 16% in 2014, reflecting the continent’s recent economic upturns.

The African Trade Desk’s objective will be there to assist foreign and local companies wanting to research and explore the abundant investment opportunities Africa has to offer, It will be a dedicated hub to creating a bridge between various countries and potential local and foreign investors, helping companies expand their exports to new markets.

The African Trade Desk will be a central hub where businesses and investors can meet trade officials from their respective countries, with each country having its own hub with their own special advisers.

The African Trade Desk will be there to assist companies wanting to do business in African countries and expand their footprint on the continent

Objectives

Act as a single point of contact for business and country trade desks.
Provide central coordination and oversight of pan-Africa tax and mobility projects.
Support businesses as they expand in Africa.
Dedicated country trade desks that will provide assistance to companies wanting to expand their footprint.
Facilitate direct access to country specialists across Africa.
Organise Business Events.
Provide clear and prompt responses to questions on business activities in Africa.

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