This is where the African Continental Free Trade Area (AfCFTA) comes in. Not only will it allow your business to offer cutting-edge smart security devices to a wider African market, due to the economic growth throughout the continent, you might also have to expand your business very soon to stay ahead of the demand. Here’s what you need to know:

AfCFTA in a nutshell

The African Continental Free Trade Area has been in the planning stages since 2012, and recently most of the continent’s leaders have come together to sign the agreement into effect. As the name indicates, the agreement will open up trade opportunities between all the African countries that have signed on, which means a significant reduction in tariffs and import duties.

What this means for smart devices

The trade agreement has projections of increasing inter-country trade on the continent by more than 53%, and is capable of creating a continent-based gross domestic product of 2.5 trillion US dollars.

In short – if you are a smart device manufacturer or distributor, you simply have to start thinking about positioning yourself in such a way that you can meet the soon-to-be gigantic demand for technology on the continent.

If you are unsure what opportunities are in store for you, or want to find out how your business can better get a grasp on the market before things take off, you should visit the Smart Electronics Show for more information.

Not only will the show be focused on giving you the opportunity to find out more about the state of smart electronics, you’ll also be able to get in touch with agents, exporters and distributors from across the world, you can also attend match-making and networking opportunities to help you find the perfect partner to boost your growth.

Come to our Smart Electronics Trade Show where you can meet like-minded entrepreneurs!

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