Growing Demand for Transport

Global Outlook

From 2020 to 2027, the global logistics market is expected to register an annual growth of 6.5% and reach a value of USD $12,975 billion by 2027.1

Regional Outlook (West Africa)

The African Continental Free Trade Area (AfCFTA) seeks to unite a market of 1.3 billion people and a combined GDP of USD $2.6 trillion.2

E-commerce, m-commerce (mobile commerce) and B2B logistics are playing a key role in digitization of logistics and commerce in Africa.2

Source: 1 Allied Market Research, Global Logistics Market report, 2021 – link
2 IFC, Google, e-Conomy report, 2020 - view PDF

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