Risk Vs Reward: Understanding The Africa Growth Opportunity

Africa represents a new frontier for health and beauty firms. With significant economic growth and a population explosion forecast for the continent, now is the perfect time to start thinking about the Africa opportunity, market expert Ben Longman told the recent Ceuta International Conference.

Ben Longman
Trendtype's Ben Longman • Source: Yan Pekar/Ceuta

Africa presents a huge growth opportunity for health and beauty firms if they can navigate the significant risks associated with doing business in what are often changeable and unstable markets, says Ben Longman, managing director of African market intelligence consultancy Trendtype.

Longman told the 14th Ceuta International Alliance Conference in Barcelona, Spain that the time was now for companies to think about the Africa opportunity as the continent’s economic growth over the next five years was set to outstrip that of developed markets such as Europe and North America

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