AFRICAN VISION SWITCHES LTD

The global market for electrical and electronic appliances and components stands at an impressive $3.4 trillion, underscoring its critical role as a leading industry in the modern economy. This sector not only meets the escalating consumer demand for technologically advanced products but also plays a vital role in driving exports, especially within the framework of the African Continental Free Trade Area (AfCFTA). The AfCFTA aims to enhance intra-African trade, allowing member states to leverage their collective strengths and resources in manufacturing, thus creating a robust market for locally assembled goods. The continent is endowed with abundant raw materials, which positions it favorably to reduce reliance on imports and promote the development of a sustainable manufacturing sector. By transforming raw materials into finished products, Africa can enhance its value chain, foster economic growth, and boost employment opportunities.