Africa

An abundance of natural resources, half the world's unfarmed arable land, and a young, growing population of almost a billion people are driving Sub-Saharan Africa's demand for premium commodities and services that Victorian businesses are well positioned to provide.

Opportunities exist for Victorian businesses to export across a range of industries including:

Agribusiness and water technology

Demands across the region to improve water and irrigation practices, increase agricultural yields and develop infrastructure provide key opportunities for Victorian businesses to export their world-class expertise and technology in the agribusiness and water sectors.

Tourism and major events

As the host nation for the 2022 Commonwealth Games, South Africa provides opportunities for Victorian businesses to export and supply products and services in tourism, sports infrastructure, construction and major event management.

Infrastructure and mining

Development across the region has generated an increased demand for infrastructure, mining knowledge and expertise. Victorian businesses are in a strong position to deliver high quality, innovative infrastructure solutions and consultancy services in countries such as Kenya and South Africa.

Healthcare services

Victoria's leading healthcare, medical, pharmaceuticals and biotechnology industries are well positioned to help deliver on the objectives of the Africa Health Strategy (2016-2030).  The strategy aims to strengthen system performance, increase investment in health, improve equity, and address the social determinants of health to reduce the burden of disease by 2030.

International education

Africa's education sector provides opportunities for higher education – specifically with staff exchange and research collaboration. Nigeria and Kenya represent key markets for student recruitment and exchange.

Fast facts

  • Victoria's total exports to Sub-Saharan Africa were A$265 million in 2015-16.1
  • The World Bank forecasts that between 2014 and 2017 six of the ten fastest-growing economies in the world will be in the region, including:    
    • Cote d'Ivoire
    • The Democratic Republic of Congo
    • Ethiopia
    • Mozambique
    • Rwanda
    • Tanzania
  • In 2016, Sub-Saharan Africa's combined GDP was estimated at US$1.4 billion, greater than that of Russia.2
  • Sub-Saharan Africa has abundant natural resources, including half of the world's unfarmed arable land.3

Discover how your business can export to Africa

  • The Victorian Government Trade and Investment (VGTI) in Dubai can provide tailored market intelligence, insights and guidance for your export business. They can also connect you with overseas buyers and industry partners in Africa.
  • Austrade Market Profiles provides further detail and facts on many African markets.
  • The Victorian Government provides support through a range of grants, vouchers and assistance programs.
  • The International Chamber House (ICH) in Melbourne's city centre is a business networking hub for international bilateral chambers and business associations.    It provides members access to meeting rooms with video-conferencing, flexible workspaces and a function space for international business development events.

Source:  

  1. DFAT STARS Database, based on ABS Cat No 5368.0, June 2016 data
  2. International Monetary Fund, World Economic Outlook Database, October 2016, GDP current prices
  3. World Bank, Securing Africa's Land for Shared Prosperity, July 2013