Brokerage & Consultancy
Our experience in Eastern Africa has enabled us to form many relationships with leading companies in the region. We have had many requests over the years to us clients with the sourcing of commodities, raw materials, or high-quality products from the region and vice versa. Many companies and individuals are interested in procuring commodities such as Sugar, Coffee & Tea, Oils, Flour and raw materials from East Africa but do not know where to start or who they can trust. This is where we come in. We can assist by acting as a medium between the supplier of the commodities and the end buyer. We will navigate the end buyer through the many obstacles and ensure that the goods are safely on their way to the end buyer.
We also work with several companies in our markets to provide consultancy and advisory services for them to increase efficiency, reduce costs and grow their businesses.
Africa’s economic growth has stabilised at 3.4% in 2019 and is expected to pick up to 3.9% in 2020 and 4.1% in 2021 but to remain below historical highs.
Growth’s fundamentals are also improving, with a gradual shift from private consumption toward investment and exports. For the first time in a decade, investment accounted for more than half the continent’s growth, with private consumption accounting for less than one third.
Transport & Logistics
With a fleet of over a 100 trucks in 3 countries, we transport fuel, containers and loose cargo through Eastern GD in Tanzania and Connect Auto Co. in Zambia.
The fuel and dry goods, loose and containerised cargo markets in East Africa are experiencing rapid growth, domestically and internationally via exports to neighbouring landlocked countries such as Malawi, Zambia, Uganda, Rwanda, Burundi, and DRC. This is likely to grow with the construction of the Bagamoyo Port which once completed, will become Africa's largest port with the capacity to handle 20 million containers annually.
Tanzania will continue to benefit from its location as a gateway for the East Africa Community (EAC). The merits of its location can be seen in the consistent upwards trajectory of the container and bulk throughputs at the port of Dar es Salaam. The development of the offshore gas sector in the coming years will boost both bulk and container volumes through the country's ports, thanks to an inflow of capital goods and increased wealth driving up imports of containerised consumer goods.
We expect continued growth in the port of Dar es Salaam’s tonnage and container throughput. There are plans to improve the port's infrastructure, reduce congestion, and speed up the trade lead times across the country and into its neighbouring trade partners. These plans include additional capacity at the port of Dar es Salaam and extra equipment and the streamlining of bureaucratic requirements for trading along with one-stop border controls.
Tyres & Automotive Batteries
We currently have several retail units in Dar Es Salaam and Mwanza in Tanzania, Lusaka and Ndola in Zambia, retailing tyres and automotive batteries as well as supplying major companies and conglomerates on a wholesale basis.
The tire market in Africa is projected to surpass $8 billion by 2022. Replacement tires accounted for the majority share in Africa tire market over the past few years, and the same trend is anticipated to continue in the coming years as well. During 2012- 2016, Africa tire market was dominated by passenger car tire segment, which accounted for a market share of over 50% in 2016.
Africa is one of the fastest-growing markets for the global tyre industry due to rising Passenger car and truck and bus sales. The rapid growth of the middle class in many African countries has pushed demand for automobiles to an all-time high The Passenger car tyre (PCR) segment in Tanzania and Zambia is experiencing rapid growth is expected to see the fastest growth over the next few years. This is likely to grow in line with income and wage growth. The Truck and Bus (TBR) segment will also see significant growth. Automotive batteries are witnessing steady growth in line with the rest of the car industry.
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