Africa – Future Markets with Growing Potential

Dynamic economies, a young population, and rising investment needs make Africa an exciting growth region for international companies.

Africa on a globe at nightAfrica countries outline map from space, globe planet earth from space, 3d illustration

54

Countries

Africa comprises 54 internationally recognized states, making it the second-largest region in the world after Asia.

1.6 billion

Inhabitants

Africa’s population is more than 1.6 billion people and continues to grow.

Youngest Population

worldwide

Around 28% of all people under the age of 25 worldwide live in Africa.

Africa is the rising continent of tomorrow. With rapidly growing markets, a young, digitally connected population, and immense resource and innovation potential, the region offers a true pioneering spirit.

Strong population and economic growth trend

High demand for infrastructure and technology solutions

Growing middle class and rising purchasing power

Increasing industrialization and modernization

Strong demand for sustainable energy and environmental technologies

New opportunities through regional economic integration and free trade

Where special business opportunities arise

Industrial plant with tanks and pipelines – Plant engineering

Industry & Mechanical Engineering

Machinery, automation, and production solutions are increasingly in demand for the industrial development of many countries.

High-rise building under construction with crane

Infrastructure & Construction

Major investments in transport, water, and energy infrastructure are creating long-term business opportunities.

Hand holding young plants – agriculture

Agricultural & Food Technology

Efficient production, processing, and irrigation technologies are supporting the modernization of agriculture.

Glass globe on moss with sustainability symbols

Green Tech & Energy

The expansion of solar, wind, and hydropower is opening up opportunities for sustainable technologies and innovative energy solutions.

Abigail Garcia, Country Expert for Africa at ICS

Those who view Africa as a single market overlook its diversity. We help Styrian companies identify concrete opportunities in individual countries and build the right business relationships.

Abigail Garcia | Country Expert for Africa at ICS

Expert Advice – 
Direct and Simple

Our expert provides reliable advice on all questions related to Africa

Frequently asked questions

Leverage our global network and expertise to position your company internationally, safely and efficiently.

However, many Styrian companies do not yet know that they too can be successful exporters. Therefore, broadening the export base in the Styrian economy is essential. To avoid potential inconveniences or minimize risks in the export business, thorough preparation with market knowledge and opportunities is the key to sustainable business success beyond borders.

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