Overview and Size
The logistics explosion in the emerging markets will be immense, will elevate the international flows of goods to an unknown level. The world will grow together in a common team effort in a way which sociologists and utopians have only dreamed about. And logistics will be right in the middle of it all.
The African logistics market has seen a steady growth between 2013 and 2018 accounting to a single digit CAGR during this period. The continent is extremely rich with natural resources and increase in mining of coal has helped the market grow. The major exporting partners include United States, China and Japan. Infrastructure has been problematic for Africa and China has helped tremendously to curb the issue. China has made a number of investments to improve the roads, ports and railways which has helped in the growth of the market. The Freight Forwarding Market contributes the most towards the overall logistics market of Africa.