Africa | Mapping the continent’s consumer spending landscape
The total Cairenes consumer spending is estimated at $79.2bn in 2020, with Cairo also being one of the few cities that managed to record an increase in spending last year. Africa’s consumer landscape sees two other notable outliers, namely Johannesburg and Lagos, the commercial capitals of regional economic anchors South Africa and Nigeria.
What you will learn :
- Largest spending hotspots and expected growth by region.
- North Africa is host to the continent’s brightest consumer spending hotspot: Cairo.
- East Africa has been the fastest -growing region on the continent for over a decade but the location of its consumer hotspots is scattered across the region.
Tags:
Related Services
Post
Big shifts are underway in Russia-China trade
Data for Q3 on the volume of China's imports of crude from Russia show a drop against the June level. Rather than an indication that China's demand has peaked, this may be a sign that China is preparing for the Russian oil price cap recently agreed by G7 by shifting some of its purchases to the grey market.
Find Out More
Post
Indonesia likely to miss fiscal target in 2023
We expect Indonesia's budget balance to show a large deficit in H2 of this year as the cost of fuel subsidies is finally reflected in the fiscal accounts.
Find Out More