'African consumer market offers opportunities'
"In Africa, consumer-facing industries are larger than resources as regards contribution to gross domestic product (GDP)," he added.
"On the continent there is a large and growing middle class - just as there is in SA - and this middle class is getting greater access to consumer goods."
Alluding to former UK prime minister Harold Macmillan's famous "Winds of Change" speech made in 1960, Gilmour said there were new winds of change - economic winds - blowing in Africa, "and they've been blowing for some time".
Gilmour noted that Africa, unlike South America, had many countries and many languages and cultures.
"So doing business may not be easy, but remember that between 2000 and 2010 Africa grew by 85% - so it's very much an emerging star.
"I'm not saying that China is running out of steam, but Africa is one of the fastest growing regions on the earth."
Source: I-Net Bridge
For more than two decades, I-Net Bridge has been one of South Africa’s preferred electronic providers of innovative solutions, data of the highest calibre, reliable platforms and excellent supporting systems. Our products include workstations, web applications and data feeds packaged with in-depth news and powerful analytical tools empowering clients to make meaningful decisions.
We pride ourselves on our wide variety of in-house skills, encompassing multiple platforms and applications. These skills enable us to not only function as a first class facility, but also design, implement and support all our client needs at a level that confirms I-Net Bridge a leader in its field.
Go to: http://www.inet.co.za
