Africa is becoming more attractive to manufacturers and other businesses, but the 2012 BCG e-Intensity Index reveals inconsistency in Africa. Governments of the countries moving up the rankings look to encourage internet use among consumers, businesses and within government itself because they recognize that it can be a powerful edge in the competitive global economy. Other countries risk falling further behind.
Is the glass half empty or half full? This is the question that the results of the 2012 BCG e-Intensity Index pose to governments across Africa.
The strongest case Africa presents for its attractiveness to manufacturing is its GDP growth. The continent is home to six out of the top 10 countries that are experiencing economic growth, according to an analysis by the Economist. Over the past decade, it has been the second-fasting growing region in the world, averaging growth of 5.1 percent during that period.
In terms of logistics, Africa is one of the most exciting investment opportunities anywhere in the world, according to Sub-Saharan Logistics 2012, a report from Transport Intelligence, or Ti. Its untapped natural resources are vast, and foreign direct investment has poured in as Africans' purchasing power grows.
Virgin Atlantic Cargo will begin daily passenger and cargo flights between Mumbai, India and London Heathrow airport, with connections to major U.S. gateways, on Oct. 29.
Pirate attacks off the Somali coast have declined by more than 54 percent, leading to a softening of insurance premiums for the global shipping community but raising controversy surrounding the use of onboard private armed security contractors, according to the International Maritime Bureau's Piracy Reporting Centre.
This winter Lufthansa Cargo will operate its first all-freighter service to Israel. Europe's leading cargo carrier will begin the service to Tel Aviv from its Frankfurt hub. The new service will begin on Oct. 28 with MD-11 aircraft, and will significantly expand Lufthansa Cargo's presence in the Israeli market.
The latest supply chain news, analysis, trends and best practices for companies operating in the Middle East and Africa. The Middle Eastern region consists of 18 countries that stretch from the western borders of Turkey and Egypt to the eastern edges of Iran and Saudi Arabia. Learn how businesses are optimizing supply chain and logistics performance in these regions, addressing a range of challenges such as poor infrastructure, complex customs and tax laws, unstable political climates and government controlled exchange rates - as well as capitalizing on new land and labor opportunities, particularly across Africa.
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