POST Online Media Lite Edition



 

Dubai becomes gateway for African multi billion dollar stationery imports

Christian Fernsby |
Dubai has emerged as a key export gateway for stationery goods which are in spiralling demand throughout Africa, according to a new report by market information advisory 6Wresearch.

Article continues below




Its Africa Stationery Market report forecasts the continent’s stationery consumption will reach a value of US $5.04 billion by 2027, growing at a compound average growth rate of 2.4% annually from its current US $4.39 billion valuation.

The report was produced by 6Wresearch on behalf of Paperworld Middle East, the region’s largest international trade exhibition for the stationery, paper, gifts, and office supplies industry, which will mark its 10th anniversary showing at the Dubai World Trade Centre from December 14-16 this year.

It cites a growing education sector throughout Africa and upscale commercial sector investment as behind the surging demand. “Africa’s stationery market is majorly import driven, with Dubai being the major exporter to African countries,” says the report.

South Africa, where office inventory is set to reach 14.83 million square meters by the end of this year, Egypt and Nigeria account for the lion’s share of the stationery and office supplies demand. “Office space in South Africa has been increasing over the past few years on the back of government initiatives to drive the real estate and corporate industries,” says the report. “Due to the increasing office sector outlook, new potential opportunities for deployment and use of video conferencing solutions in the corporate sector are expected to increase.”

Education though represents 60% of overall sector demand in Africa and, though the COVID-19 pandemic has slowed demand with schools being forced to close, the report believes the sector will rebound by the end of this year.

Given the forecasted demand and Dubai’s increasing role as a supply base for the continent, African buyers and suppliers are expected to be a significant force at Paperworld Middle East 2021, which is organized by Messe Frankfurt. The show, which was originally scheduled for March this year, has moved to the December date when it is likely to benefit from an influx of visitors for Expo 2020 Dubai.

“This move to December was made following regular contact with our stakeholders,” explained Syed Ali Akbar, Show Director for Paperworld Middle East. “The feedback we received prompted the change of date, which is widely supported by our customers, partners and trade associations.


What to read next

Dubai to establish one of world's largest energy-from-waste projects with $900 million loan
Dubai foreign trade hits AED 1 trillion
Highlights: April 13 - April 18, 2015

Maersk buys logistic provider Martin Bencher

 
A.P. Moller – Maersk has agreed to acquire Martin Bencher, a logistic provider that specializes in project logistics called Martin Bencher.
 
 

Latest

Iran's non-oil exports see 24% growth last month
Guatemala: Economic activity records slowest expansion since February 2021 in June
Deadly rabbit disease confirmed in Thurston County, Washington
Ecuador: Inflation moderates in July

NEWS

U.S.: Widespread showers and thunderstorms through midweek

300 soldiers, scuba divers join rescue efforts to try to save trapped Mexican miners
Flooding hampers efforts to reach trapped miners in Mexico
First Ukraine ship under grain deal will not dock in Lebanon on time
U.S.: Heat and flood threats this weekend
New York: Direct train service to Great New York State Fair
 

BUSINESS

Highlights: August 1, 2022 - August 6, 2022

Riva Wind and Arizona sail from Ukraine with 105,000 tons of grain
New York: Start of construction on $75 million rehabilitation of public housing in Ithaca
Monthly minimum wage in Chile $440
Gaza power plant shuts down over lack of fuel
Pakistan plans long term LNG purchase
 

Trending Now

Monthly minimum wage in Chile $440

Take it or leave it: Pakistan offers $390/ton for Russian wheat

Batten disease, a group of fatal genetic disorders

Guardia di Financa finds unregistered foreign company operating in e-commerce


POLITICS

Iran not to give up on its water share rights

Italy grants Ukraine EUR 200 mln preferential loan for teachers' salaries
Putin, Erdogan agree to switch to ruble payments for Russian gas
China pushing world to climate disaster, cuts some ties with U.S.
Florida Governor DeSantis suspends State Attorney over abortion law
Italy unveils 17-bln-euro aid package to combat inflation, drought
 

Today We Recommend

Canada to temporarily ban handgun import


Highlights 

Goodyear Q2 net income more than doubles

Ritchie Bros. Q2 revenue increased 22%

APA acquires oil producing assets in West Texas for $505m


COMPANIES

BRP buys 80% stake in Pinion

BorgWarner buys Rhombus Energy Solutions
Masdar signs agreement with Tanzania’s TANESCO to develop 2 GW renewable energy capacity
Zero emission electric portable air compressors for Chinese mines
Kuwait's Agility completes £763 million acquisition of Menzies Aviation
Delta adding nonstop flights from Atlanta to Cape Town and Los Angeles to Tahiti
 

CAREERS

Horizon Bancorp appoints Thomas M. Prame as president

Encora appoints Deepak Bhandari as EVP, head of corporate development
Firmenich: Maurizio Clementi interim president of taste and beyond division
Joyce Farms appoints two new leaders
Shore Bancshares appoints Esther A. Streete as director
Liberty Group Construction Services appoints Jeffrey VanderVorst as EVP
 

ECONOMY

Vietnamese economy likely to grow 10% in Q3

Canada's exports rise in June
Minnesota received AAA rating from Moody's for first time in nearly 20 years
Half of U.S. mortgaged homes now considered equity-rich
U.S. factory orders jump much more than expected
Oklahoma Governor Stitt achieves historic state savings of $2.8 billion
 

EARNINGS

Goodyear Q2 net income more than doubles

Ritchie Bros. Q2 revenue increased 22%
MOL Q2 EBITDA $1.347bn
SWISS posts H1 operating profit
Wayfair Q2 net revenue decreased $573 million
Security Bancorp Q2 net income increases to $744,000
 

OP-ED

Micromanaging is the worst enemy of efficiency and teamwork

Niger set to monetize massive gas reserves through Saharan natural gas pipeline
Putting the brakes on EV folly that choked the market
Oil discovery in Kavango Basin may mean huge benefits for Namibians
Cape Town and Dubai battle over Africa's energy future
Is America going to lose its superpower status?
 

AGRIFISH

UDAF issues warning: Rising number of stolen livestock and livestock killings

Take it or leave it: Pakistan offers $390/ton for Russian wheat
Commission approves €110 million Austrian scheme to support agricultural producers
Japan farm exports in H1 hit record
Hong Kong suspends import of poultry meat and products from areas in UK
Hong Kong suspends import of poultry meat and products from Magadan Oblast in Russia
 

LEADERSHIP

62% of consumers will stop buying from brands that compromise products to cut costs

Companies must invest to avoid supply chain scandal or pay the price in lost consumers
How awards, recognition decrease inventors' creativity
Keeping employees is harder than ever. And we don't have good news
How much is 'great resignation' costing companies?
New theory of decision-making seeks to explain why humans don't make optimal choices
 

CRIME

Guardia di Financa finds unregistered foreign company operating in e-commerce

Iowa AG sues tobacco companies over $133 million in withheld payments
AG Bonta announces $15.5 million judgment against Rent-A-Center
Illinois AG Raoul announces agreement with former opioid maker Allergan
AG Shapiro secures preliminary agreement with Teva for $4.25 billion
SEC charges eleven individuals in $300 million crypto pyramid scheme
 

Magazine

TRAVEL

Pullman Doha West Bay Hotel opens in Qatar

DoubleTree by Hilton hotel opens in Malaysia
Great Dorset Chilli Festival, the hottest festival in UK
Selina Serenity Rawai Phuket Hotel opens in Thailand
254 Room W Toronto Hotel opens
Summer of music, Summer Meltdown in Washington state
 

SEA, LAND, AIR

Porsche unveils newest generation of 911 GT3 R

2023 Subaru Crosstrek sells like hotcakes
New Mercedes‑Benz GLC, at home on any terrain
GMC unleashes new 2023 Sierra 1500 AT4X AEV Edition
First BMW M3 Touring presented
Southern Wind Power of 2, just for you and ocean ahead
 

DESIGN

Nobody's Child, everybody's favorite

Freddy WR.UP, pants that hug you in all the right places
Stylishly luxurious house design
Great design ideas that might not work for you
Garden mirrors, explore new views of your garden
Unusual and highly functional lamps
 

GADGETS

Shure MV7 professional dynamic microphone now available in new limited-edition color

Forget streaming services, use McIntosh MR89 to enjoy AM/FM music
Infinix NOTE 12 PRO, first smartphone powered by MediaTek Helio G99
MW75 active noise-cancelling headphones, variety of new features
Parasound JC 1+ mono power amplifier by John Curl, pure delight
Cambridge Audio SX80, stylish loudspeakers for any room
 

HEALTH

At least 12 deaths reported in cholera outbreak in Afghanistan's Jawzjan

Batten disease, a group of fatal genetic disorders
German government supports development of nasal COVID-19 vaccine
Cases of West Nile virus on the rise in Italy
U.S. declares monkeypox public health emergency
South Africa reports first death causally linked to COVID vaccine
 

MEANTIME

South Korea launches first lunar orbiter

Bantu speakers crossed through Central African Rainforest 4,000 years ago, changed everything
Webb telescope captures colorful Cartwheel Galaxy
Sadiq Khan launched £3.1m tree planting package to combat climate change
First European woman walks in space
Hubble images complex galactic trio