Residential buildings, automobile mobility solutions are some of the largest consumers of ceramic inks.
Shem Oirere, Africa Correspondent11.20.17
Africa’s urbanization rate is expected to reach 70% by 2025 as the region’s middle-class population inches close to 300 million people, promising to exacerbate the current demand for residential buildings and automobile mobility solutions that are some of the largest consumers of ceramic inks.
In addition, the World Bank has, in a recent Africa economic outlook brief, indicated Africa has shown signs of economic recovery from a period of continued fall in commodity prices and weak global economic growth. The region’s economic growth is now projected to reach 2.4% in 2017, with countries such as Nigeria, South Africa, Kenya, Ethiopia, Tanzania and Angola reporting “a rebound from the sharp slowdown in 2016,” according to the bank.
“Economic growth in Sub-Saharan Africa is recovering moderately, following a sharp slowdown over the course of the last two years,” the World Bank reported. “Estimated to have strengthened from 1.3% in 2016
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