Manufacturing

The manufacturing sector is critical to Africa’s economic growth, contributing approximately 10% of the continent’s GDP. Industrialization through manufacturing fosters economic diversification, reduces dependency on raw material exports, and supports higher value-added production.

According to the African Development Bank, the manufacturing sector is expected to grow at an annual rate of 4.3%, driven by sectors such as agro-processing, textiles, and automotive assembly.

Manufacturing companies are increasingly choosing our cities in Africa thanks to their world-class infrastructure, proximity to the local workforce and the advantages offered by our SEZs and FTZs. For example, Kim-Fay, a leading manufacturer and distributor of hygiene, tissue, and home care products in East Africa, has secured funding from the Norwegian Investment Fund for Developing Countries (Norfund) and I&M Bank to build a new facility to manufacture affordable tissue paper using locally sourced wastepaper. The new facility is expected to be operational by 2025.

Rendeavour has invested more than USD 500 million in high-quality infrastructure in its cities, which are close to major transportation networks and logistics hubs to facilitate efficient operations and supply chain management.