According to the World Economic Forum, Africa's automotive industry was valued at over 30 billion US dollars in 2021 and is expected to grow by more than 12 billion in the next three years - a nearly 40 percent increase in value.

Furthermore, under the African Continental Free Trade Area over one billion people will be connected into a single market and for the automotive industry, that's a significant opportunity.

Meanwhile, in South Africa, the automotive industry's growth strategies have been focused on becoming highly integrated into the global automotive environment on the back of increased foreign direct investment and trade.

To share more about opportunities for South Africa and the rest of the continent is Beth Dealtry, the head of Policy and Regulatory Affairs at the National Association of Automotive Component and Allied Manufactures.

According to the World Economic Forum, Africa's automotive industry was valued at over 30 billion US dollars in 2021 and is expected to grow by more than 12 billion in the next three years - a nearly 40 percent increase in value.
Furthermore, under the African Continental Free Trade Area over one billion people will be connected into a single market and for the automotive industry, that's a significant opportunity.
Meanwhile, in South Africa, the automotive industry's growth strategies have been focused on becoming highly integrated into the global automotive environment on the back of increased foreign direct investment and trade.
To share more about opportunities for South Africa and the rest of the continent is Beth Dealtry, the head of Policy and Regulatory Affairs at the National Association of Automotive Component and Allied Manufactures.