Outlook for Africa
Africa: The Last Business Frontier
Lanco Trading serves growing African economies.
As the last frontier market in the global economy, African nations are spending vast amounts of money on infrastructure projects in order to join the rest of the world’s advanced economies. Given the lack of infrastructure investment over the last 30 years, governments, businesses and individuals are upgrading dilapidated infrastructure to meet the demands of their citizens and customers.
With a population that is mostly young and globally connected, African nations are spending widely on telecommunication, automobiles, clothing, real estate construction (both commercial and residential), electronics and food. While the
infrastructure spending is being led by the private sector, governments are driving growth through spending on bridges and roads; mineral resources, and mass transportation (rail and buses).
Lanco Trading Specializes in Sourcing Goods and Services for Africa
At Lanco Trading, we specialize in sourcing goods and services for enterprises and individuals in Africa’s emerging markets. Let us help you source your transportation needs (new or used Mack trucks and related spare parts, mass transit buses, armored vehicles for banks and individuals); heavy construction equipment (Caterpillar, Komatsu, John Deere); marine dredging vessels and agricultural commodities such as rice (par boiled, brown or rough rice), soy beans, wheat, vegetable oils and sugar.
“As a growing business in a developing economy, Garnet Investment has benefited significantly from working with Lanco Trading, gaining traction above its competitors in the industry and building long-lasting business relationships with an excellent client list. Needless to say, business with Lanco is worth it”