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Market News

  • AFRICA - THE NEXT GROWTH MARKET

    Posted on :Thursday , 24th November 2016

     Africa is currently home to five of the fastest growing economies in the world. According to a global study, the continent's economy is forecast to grow to $2.6 trillion in 2020 from $1.6 trillion in 2008, fuelled by booms in mining, agriculture and development of ports, roads and other infrastructure. This rapid economic growth is what is creating substantial new business opportunities i. . .

  • Turkish Exporters Target Africa

    Posted on :Wednesday , 23rd November 2016

     At a time when struggling Turkish exporters are looking for ways to diversify their target markets, Africa is poised to become the new frontier market for Turkish firms as they position themselves to become major stakeholders in the region’s rapidly growing industries.

    Africa has recorded an annual growth rate of 5 percent over the last d. . .

  • 'Off-grid more viable as Eskom rates set to soar'

    Posted on :Thursday , 6th October 2016

     Cape Town - Electricity prices could soar higher than the rate of inflation over the next few years, warn alternative energy proponents.

     
    They say that the costs of large infrastructure investments being made by Eskom will soon be passed on to consumers despite a review of prices by the National Energy Regulator of South Africa (Nersa).
     
    . . .

  • Toll Plazas Get Energy-Efficient Lighting Retrofit

    Posted on :Wednesday , 5th October 2016

     BEKA Schréder, leading local manufacturer of LED luminaires, is proud to have supplied an LED lighting solution for four major toll plazas along the N3 Toll Route in South Africa.

    The lighting in and around De Hoek Plaza, Wilge Plaza, Tugela Plaza and Mooi River Plaza has been retrofitted with LED technology. Energy conservation and reduced maintenance needs of the lumina. . .

  • Africa LED & OLED Displays and Lighting Products Market to reach a value of US$ 874.0 Mn by 2026

    Posted on :Saturday , 1st October 2016

     According to a recent market report published by Future Market Insights titled, “LED & OLED Displays and Lighting Products Market: Africa Industry Analysis and Opportunity Assessment, 2016-2026,” the Africa LED & OLED displays and lighting products market was valued at US$ 684.9 Mn in 2015 and is expected to register a CAGR of 17.8% from 2016 to 2026. According to anal. . .

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