Slide of the month (SOTM) April. Demand for heavy machinery in Africa

Demand for heavy machinery in Africa

The African continent has seen tremendous growth in construction equipment & heavy machinery. Urbanization drives the demand for construction to meet residential, commercial, and infrastructure development needs.

We recently concluded a multi-country analysis and prioritization for a large European construction and industrial machine supplier. africon spent about three months meeting with key local decision-makers and experts. The findings were that the construction machinery industry in the African market is worth USD 900 million and excavators are the most popular type of machine in the continent.

After sharing our findings and giving tactical recommendations to the client, they were in a position to prioritize select countries.

Read previous SOTMs (Slides of the month) here.

Slide of the month (SOTM) March. Tanzania medical technology value chain

Slide of the month (SOTM) February. Vehicles in operation in East African countries

Slide of the month (SOTM) January. Estimated number of converters in select countries in Africa

Slide of the month (SOTM) December. The dairy industry in Ghana

Slide of the month (SOTM) November. Government health care expenditure in East Africa


Fikiri Stiliwati joins africon as a Visiting Associate in Tanzania

As our work in East Africa continues to grow, we are happy to welcome a new team member from Tanzania.

Fikiri Stiliwati joined the africon team as a Visiting Associate in April 2022 and is based in Dar es Salaam – Tanzania. He holds a BSc in Agricultural Economics and Agribusiness from Sokoine University of Agriculture (SUA), and a master’s in Business Administration specializing in Marketing from St. Augustine University of Tanzania (SAUT). Fikiri has over five years of experience working with international and local organizations in business development, sales, and marketing in the renewable and agribusiness sectors.

I am delighted to join africon as I believe in the African potential. Having experience and interest in business and social development, I am looking forward to working with the team on sectors like FMCG, healthcare and automotive”, says Fikiri.

See more about our team and locations. 

Learn about careers at africon.