5 African countries with more manufacturing companies
Africa is a continent with many opportunities for growth. One way the continent can achieve economic growth is by having a robust manufacturing sector. Although the continent cannot boast of having big manufacturing companies like Apple, Toyota, and Volkswagen, it is gradually becoming self-sufficient in other sectors.
The importance of the manufacturing sector can never be overlooked. This is because it is the manufacturers that are responsible for how much the economy will spend on imports or export.
Africa is one continent that has been endowed with a lot of natural resources. However, the continent depends extensively on imported goods. Almost every African country does not have a market where only goods produced from Africa are sold.
Africa’s future depends on having a lot of manufacturing companies. Hence we take a look at some African countries that have a lot of manufacturing companies.
AFRICAN COUNTRIES WITH MORE MANUFACTURING INDUSTRIES
1 . First on the list is SOUTH AFRICA
To begin with, the manufacturing industry in South Africa plays a significant role in the economy of the country. The manufacturing sector offers the most employment to the citizens. There are several sectors of the manufacturing industry and some of these companies contribute hugely in terms of employment and development of the economy of South Africa.
Some of the sectors of the manufacturing industry include oil and gas, pharmaceutical, agro-processing, fashion, electronics, technology, and others. Some of these companies include Allergan Pharmaceuticals South Africa (Pty) Ltd: This company is the manufacturer of medical devices, prescription, and consumer healthcare products.
Nestle, Unilever, PepsiCo, Dalla Cia Wine and Spirit Company, Fangs, and Fossils. There are many more companies.
2 . Second on the list is NIGERIA
Secondly, Nigeria has a lot of fast-growing manufacturing industries. The industries produce different commodities which are either finished or semi-finished. Nigeria’s manufacturing companies have added a lot of value to the Nigerian economy.
It has also created a lot of job opportunities for the citizens of Nigeria and satisfied some individual needs of its citizens and Africa at large. Here are some manufacturing companies in Nigeria.
The Dangote Group: This is one of the most popular manufacturing companies in Nigeria. It is West Africa’s biggest conglomerate and has a line of production in food, cement, and oil and gas.
The country has other companies like the Nigerian Breweries PLC, Flour Mills of Nigeria, PZ Cussons Nigeria PLC, United Africa Company of Nigeria UAC, and many more companies.
3 . Another Country on the list is KENYA
Also, Kenya has over 1000 manufacturing companies that are driving the economic development of the country and alleviating poverty. Some of the companies they have include 14 Trees Kenya Limited, DST East Africa, 1516 Spices, and numerous others.
4 . Also, GHANA
Additionally, Ghana has over 25000 registered firms, and out of this 6% form part of the manufacturing companies. The manufacturing companies in the country include car manufacturing, aluminum smelting, pharmaceutical, food processing, as well as cosmetics. Some of the major manufacturing companies include Ernest Chemist, Unilever Ghana, Guinness Ghana limited, and health life beverages just to mention a few.
5 . Lastly, TANZANIA
Finally, Tanzania is on the list of African countries with more manufacturing companies. It is one of the most industrious countries in Africa. The manufacturing sector of the country is what powers the country’s economy. These are some manufacturing companies the country has, Pyrethrum Company of Tanzania Limited, Kilombero Sugar Company Limited as well as Wakulima Tea Company.
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