Browsing: e-commerce in Africa

Warehousing sector in Africa to adopt Industrial robots

Is Africa’s Warehousing & Logistics Market ripe for Industrial Robots?

Industry and Trade

The age of robots is here and in full throttle Africa is embracing this technology, pertinently in the rapidly evolving warehousing and logistics sector. Industrial robots are set to take over this lucrative field, performing various tasks and automating warehouse and storage processes. The global industrial robots market size is set to grow at a compound annual growth rate (CAGR) of 14.7% to $6.18B in 2023 from $5.39 of 2022. At breakneck speed Africa is drawing deeper into the whirlpool of the fourth industrial revolution (4IR); marked the rapid proliferation of robotics and Artificial Intelligence (AI) startups in the continent. In light of this, the Uniccon Group based in Nigeria made an indelible mark in November 2022, by building Africa’s first humanoid robot, a 6-foot-tall multilingual human-like robot called Omeife, launched by Vice President Yemi Osinbajo.

The need for industrial robots in the warehousing and storage market, has been prompted …

June Njoroge.West African Economic Sectors Article.Caption Apparel Manufacturing in Ghana.Image Source Just Style

West Africa’s key economic sectors set to soar on AfCFTA’s full implementation

Industry and Trade

The African Continental Free Trade Area (AfCFTA) has been hailed as a catalyst to immense economic development in Africa; a flagship project of the AU’s Agenda 2063, projected to boost intra-African trade, connect over 1.3B people across 55 countries with a combined GDP of about US$3.4 trillion.West Africa is one of the fastest growing regions in Africa and is the official headquarters of the AfCFTA, located in Accra, Ghana; which is among the countries that will commence trading soon.

The region is comprised of sixteen countries which include: Burkina Faso, Benin, Togo, Nigeria, Ghana, Guinea, Mali, Cape Verde, Niger, Senegal, Sierra Leone, Gambia, Guinea-Bissau, Mauritania, Ivory Coast and Liberia. According to the 2020 World Bank Report, ’The African Continental Free Trade Area: Economic and Distributional Effects’; West Africa would see the biggest decline of an estimated 12 million people living in extreme poverty, which is a third of the total…

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Paddydigitizationimage source DW

Why the pandemic made digitization in Africa a recipe for success? 

Investing

It has never occurred in Africa for people to remain indoors, work from home and limit human interactions as much as possible to curb the spread of disease.  

Nearly 42 nations enacted partial or full lockdowns to limit the spread of the coronavirus (COVID-19), hence—this ushered rolling drums for other aspects of life to take form, particularly digitization of life. 

Africa, a continent of more than 1.3 billion people, experienced the horror of the virus as massive volumes of trade and goods ceased to interact within the economy pool, forcing some communities to adopt other means of life, including being well versed with virtual meetings, online shopping, online learning and online working. 

As Rwandan President Paul Kagame says, “…the pandemic is a test for us. The way we address it shows our level of preparedness against anything that attempts to disrupt our lives and

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