The SADC (Southern African Development Community) started under the name of SADCC in 1979. South Africa joined the organisation in 1994 bringing its continental political, economic and strategic heavy weight.
The SADC aims at creating an integrated economic zone, and since 2001 has shaped its organisation on the European Union model.
SADC represents a market of 234 million people and generates a GDP of 740 billion USD (254 million people and 760 billion USD with Madagascar).
SADC has 14 members :
South Africa (1994)
Angola (founding member)
Botswana (founding member)
Congo (République démocratique, 1997)
Lesotho (founding member)
Malawi (founding member)
Mauritius
Mozambique (founding member)
Namibia (1990)
Seychelles (1997)
Swaziland (founding member)
Tanzania (founding member)
Zambia (founding member)
Zimbabwe (founding member)
South Africa is the first and most developed economy of the continent. Since 1992, CEFP has concentrated its activities in the most dynamic market in the region. After initially relying on its abundant mineral resources, South Africa’s Service sector has grown considerably becoming the most significant of all reaching 65,6% of GDP (the mining sector is only 7,6% of GDP).
With its new ambitious infrastructure investment programs, South Africa intends avoiding the world slowdown, a consequence of the financial crisis and the credit crunch. South Africa is business friendly with some complexities related to its past. For instance, the “Black Economic Empowerement” government’s policies needs a strong local expertise support to all European companies willing to invest in this market.
GDP growth in Angola was 24.4% in 2007, above the IMF’s predictions (23.8%) and the Angolan government’s own forecasts (19.8%). Angola’s GDP growth also stood out in the rest of the African continent which averaged GDP growth of 7.6% in 2007. GDP in the non-oil-based economy grew at 27.9%. Angola’s GDP will continue to grow at least at 15–20% until 2010 before reverting to 5-7% per annum beyond that horizon (IMF).
Angola’s main imports are heavy machinery, equipment and manufactured products (67% of all imports) and the balance is mostly made of foodstuffs and animal fodder (15% of all imports) and metal products (5% of all imports). Portugal is Angola’s largest commercial partner representing 15% of total imports, followed by Brazil, China and the US. At 8% of Angolan imports, South Africa is Angola’s largest commercial partner in Africa.
CEFP provides market research, benchmarking, business intelligence and strategy consulting services to a wide range of industries targeting Southern African markets.
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In addition to its consulting activity, CEFP assists to the expansion of its clients’ businesses in Southern Africa. CEFP’s role extends then beyond market entry level aiming at turn-over growth over time.
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The SADC (Southern African Development Community) started under the name of SADCC in 1979. South Africa joined the organisation in 1994 bringing its continental political, economic and strategic heavy weight.
[Read more]