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Propack 2018
Source: admin        Read:194
The fifth edition of Propak West Africa was a record breaking event with 3,261 attendees and 135 exhibitors. Find out how to get involved in 2018.

        Africa stands at the threshold of a large-scale rotational shift towards the services and manufacturing sectors, driven by a rising middle class, government policies, greater integration into the global economy and technological advancement. The manufacturing sectors rising contribution to GDP are both a natural extension of economic maturity and born out of necessity due to the prolonged commodity price slump, which has provided the impetus for sectoral rebalancing through a more diversified economic base.
        It's for these reasons that the manufacturing sector has been highlighted by Government and Commercial leaders alike as vital to economic stability in the region. Nigeria is one of the world;s largest consumer markets, has the largest economy in Africa, a population of more than 180 million and in 2015 it had a household consumption expenditure of over N73.82 trillion demonstrating the size of the market.
The share of the manufacturing industry in the West African regional GDP increased from 5.0% in 2005 to 9% in 2015 and this has been further encouraged by developments of free trade zones offering a menu of fiscal incentives.


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