Africa graphics industry tipped for boom



JOHANNESBURG, (CAJ News) – THE upcoming Sign and Graphic Imaging (SGI) Dubai 2016 trade show has been identified as a springboard for the growth of Africa’s signage and graphic industry.

The 19th edition of the exhibition, which will display innovative products from exhibitors across the globe, is slated for January 10-12 at the Dubai World Trade Centre.

SGI Dubai expects to receive over 12 000 visitors from 78 countries to witness the industry’s latest products and trends.

Organisers, International Expo Consults (IEC), stated that one of the reasons for global exhibitors setting their sights on this region is due to the forecast 7,2 percent revenue growth in the printing industry per annum.

“Every edition, we receive an unbelievable amount of support from our African visitors,” said Abdul Rahman Falaknaz, Chairman of IEC.

He said with Africa’s growing economy and its upcoming developments came the increasing demand for state-of-the-art printing equipment.

“Most visitors from Africa visit the trade show to discover the industry’s cutting-edge trends and products and to network with international stakeholders,” said Falaknaz.

The executive said Africa’s booming economy was an indicator that its signage and graphic sector would experience a huge boost.

“Because Africa’s printing industry is experiencing a dramatic growth, their industry can benefit from the approach and ideas of different exhibitors in and around the Middle East that they will witness in the exhibition.”

Africa’s gross domestic product in the past decade has been rapidly expanding compared to the global GDP average.

Africa is considered to be a US$2 trillion economy, and reports revealed that six out of ten fastest growing economies in the world are in Africa.

“Companies in the said sector are slowly replacing old equipment with innovations, creating a wide space for global opportunities for printing services and products.

“The countrys developing economy is also set to add in the growing demand for the industry,” he added.

– CAJ News




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Posted by on Jan 4 2016. Filed under Africa & World, Finance, Finance & Banking, News, Regional, Software, Technology. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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