Barloworld Logistics, a leading provider of smart logistics and supply chain solutions, plans to expand their current supply chain solutions from UAE to the GCC and Africa capitalizing on the ongoing transformation of the region. According to Ernst and Young’s 2012 Rapid Growth Markets (RGM) Forecast, exports from the Middle East and Africa are predicted to grow by more than 12 per cent over the next ten years.
Similarly, the 2012 African supplychainforesight report has noted great potential for the African continent as a logistics market. This is due to the fast growth of GDP in some African regions and increased demand for cargo services across most industry sectors. As a result the African logistics market is set to grow over the next five years.
Africa, in particular, has emerged as a key supplier of the resources and raw materials that are powering the growth of emerging economies such as China, India and Russia; a trend that is expected to significantly influence the future demand for logistics and supply chain solutions, with Africa and the GCC as a hub. Many of the products driving the demand for cargo services are derived from natural resources from Africa’s well-known industries of mining, chemicals and agriculture.