Slide of the month (SOTM) December. Tractor brands in Nigeria

The slide of the month December illustrates the market shares of different tractor brands in Nigeria which was researched in a large filter project over the past 6 months. The market leader is New Holland with about 20% of the present tractors in the country, followed by John Deere and Mahindra. Different Chinese products also take a big part of 20% on the market and are partly locally produced within a SKD production. As africon GmbH we believe that the market in Nigeria will continue to grow strongly as various initiative programs by the government will drive local production and imports.

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Slide of the Month (SOTM) September. Africa’s sweets and snack market is currently worth $50 billion

africon recently presented at the German Sweets Association Annual Meeting 2024, and we highlighted the [...]

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Slide of the Month (SOTM) September. Africa’s sweets and snack market is currently worth $50 billion

africon recently presented at the German Sweets Association Annual Meeting 2024, and we highlighted the [...]

Slide of the month (SOTM) August. Nigeria’s construction market is expanding at a CAGR (Compound Annual Growth Rate) of 3.07%

Nigeria’s construction market expanding at a CAGR (Compound Annual Growth Rate) of 3.07% Nigeria’s construction [...]

Slide of the month (SOTM) July. Africa’s top 10 countries leading the solar energy transformation

Solar energy is becoming increasingly important across Africa as the continent seeks to harness its [...]