keyboard_arrow_downSouth Africa’s food sector stuck in a low growth cycle – Africa beckons
While the South African market for food products remains in a low growth environment, the same applies to many of South Africa’s traditional export markets in Europe, where recovery is still at a very early, fragile stage. However, the economies of many sub-Saharan countries north of South Africa are growing consistently at 6-7 per cent annually, which is being fuelled by rapid urbanisation and a rising middle class. This creates opportunity for food value chains originating in South Africa to enter new, high growth markets either through exporting or through setting up operations in-country. Agri-Vie, with its long standing operations in several countries of the region, work with its investee companies to do just that.