GMCC is partnering with FirstBank UK to provide UK businesses an overview of the wealth of business opportunities in the region. Currently UK trade with Africa remains just under 2%, and with Africa posed to be home to 6 of the fastest growing economies in the world by 2050, it is imperative British companies don't overlook this region, which offers great opportunities for international expansion. Whether your seeking to grow your exports, diversify your supply chain or establish a physical presence in the region, this event will provide you with useful insights and connections.
About our Partner, FirstBank UK
They are specialist International Bank focused on facilitating trade between Africa and Europe from their Offices in London, Paris and Lagos. They provide world class international banking and trade services. For more information, please visit their website.
Why Africa?
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Rapid Economic Growth – Africa is home to the world’s fastest-growing population, projected to reach 2.5 billion by 2050, with over 60% of the population under 25 years old. This youthful demographic, combined with rapid urbanization, a rising middle class, and a digital revolution, is creating one of the world’s most dynamic consumer and business markets.
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The African Continental Free Trade Area (AfCFTA) – The AfCFTA connects 54 nations into the largest free trade area globally, reducing trade barriers and opening up a market of 1.47 billion people for UK companies and unlocking $3.4 trillion in economic potential, making it a prime destination for British trade and investment.
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Abundant Natural Resources – Africa holds 30% of the world’s mineral reserves, including 70% of global cobalt supply (crucial for EV batteries) and significant deposits of lithium, gold, and oil, essential for future industries.
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Expanding Consumer Market – With Africa’s middle class expected to reach 1.1 billion by 2060 and increasing urbanization, there is growing demand for British goods, services, and expertise in sectors like retail, finance, and technology.
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Booming Digital Economy – Africa's e-commerce market is projected to reach $46.1 billion by 2025, driven by increasing internet penetration and smartphone adoption. By 2030, online sales could contribute $180 billion to the continent’s GDP.
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Mobile-First Market – Over 60% of online transactions in Africa occur via mobile phones, as mobile money services like M-Pesa and fintech innovations drive digital payments, bypassing traditional banking limitations.
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Rising Consumer Demand – With Africa’s middle class expected to hit 1.1 billion by 2060, online shopping is surging, particularly in fashion, electronics, and fast-moving consumer goods, creating vast opportunities for local and international e-commerce players.
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Exporting Potential for British Companies: It is estimated British companies could be exporting an additional c. USD$5.6bn worth of goods and services to the region.
Which sectors offer great exporting opportunities to British companies?
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Renewable Energy & Infrastructure – With Africa’s push for sustainable energy, the demand for solar, wind, and hydroelectric technologies is soaring.
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Agri-Tech & Food Processing – Africa’s agricultural sector is ripe for innovation, with increasing demand for farm machinery, irrigation systems, and food processing equipment to enhance productivity and reduce post-harvest losses.
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Healthcare & Pharmaceuticals – Africa’s healthcare market is expected to be worth over $259 billion by 2030.
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Education & EdTech – With a growing youth population (over 60% under 25 years old) and increasing digital adoption
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Tech & Fintech – Africa’s digital economy is booming, with fintech, mobile banking, and e-commerce solutions driving financial inclusion.
Who should attend?
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UK exporters of goods and/or services seeking to further grow their international footprint in Africa.
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UK Importers seeking to diversify their supply chain in this region
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UK Companies seeking to expand overseas by establishing an presence in the region
This event is ideal for MDs, Sales/Business Development Managers/Directors, Finance Directors, Supply Chain/Procurement Directors/Managers.
Costs
This event is free for members and non-members, but registration is required.
JOIN THIS EVENT TO LEARN HOW YOUR BUSINESS CAN CATAPULT ITS GROWTH IN AFRICA THIS YEAR!
Last Minute Cancellation & No Shows Terms & Conditions
In case you can no longer attend this event, please note you must cancel your place at least 5 working days before the event. The cancellation must be in writing and sent to international@gmchamber.co.uk indicating the event you are cancelling for and delegate(s) details. Failure to do so within this timeframe, will incur a cancellation/no-show admin fee as follows:
• Members: £15+VAT per delegate
• Non-Members: £20+VAT per delegate
We are aiming to reduce catering waste, for this reason we will enforce this late cancellation/no-show fee. If you book and fail to attend three or more free events, we reserve the right to restrict access for future events.
Disclaimer
This is a sponsored event, therefore delegates' contact details will be shared with event's partners.
Please note: There may be photographs taken at our events that will be used for marketing purposes and on our social media channels. If you do not wish to appear in any of our marketing materials or on our social media channels, please inform a member of the Chamber team at the start of the event.
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