Africa has the numbers, resources in terms of people and natural resources – it is a mine field of opportunities!
EOL logistics will focus on untapping the available ample opportunities by being connectors between Africa and the rest of the world.
Sub-Saharan Africa is one of the fastest growing Regions in the world and houses seven of the ten fastest growing markets in the world. The International Monetary Fund estimated economic growth in sub-Saharan Africa to be 5.6 percent in 2013 and 6.1 percent in 2014.
In the last ten years, the United States of America (USA) trade to and from Africa tripled with U.S. exports estimated at $22.6 billion in goods and services to the region last year alone.
“Most African economies remain largely agrarian, dependent on agriculture and other natural resources as the major source of foreign exchange and employment. However, many African countries are striving to diversify their income base creating numerous opportunities for trade and investment by interested foreign partners. Currently, major exports are agricultural commodities and minerals and import demand centers on manufactured products. Thanks in part to the Africa Growth and Opportunity Act (AGOA) and policy reforms in Africa, some countries, like Lesotho and Uganda, have increased their textiles exports. Other countries have diversified into higher value agricultural products”.
From farmers to traders, enormous opportunities exist for trade and investment in Africa – this is where EOL Logistics come in. In order to support, increase and maximize productivity, we support the movement, import, export and ultimately trade in and out of the world’s next major economic success story – Africa!
EOL Logistics is based in Africa’s most populous country, a country with the fastest growing export market in the sub-Sahara Africa region – Nigeria. Our experienced teams support our customers with: