Innovative, flexible and trusted – Irish companies are delivering competitive advantage in key industries across Africa. Ireland’s uniquely open, fast-moving and collaborative economy has developed businesspeople and companies with an unequalled track record of meeting the needs of global market leaders.
More than 400 Enterprise Ireland client companies are doing business in Sub-Saharan Africa in sectors such as fintech, life sciences, agritech, information and communications technology (ICT), and high-tech construction, among other sectors, and are being supported by the Enterprise Ireland Africa team to expand and enter markets successfully.
Growth has been very strong in recent years, with Irish exports to sub-Saharan Africa growing to well over €500 million. Growth in the key markets of Nigeria, South Africa and Kenya reached 16%, 9% and 7%, respectively, during 2019 against a backdrop of global growth for Irish exports of 6%.
Ireland’s expertise in agritech is particularly relevant to Africa as countries across the continent seek to achieve their stated ambition of becoming self-sufficient in food. Economic and population growth, coupled with increased urbanisation, will make this goal all the more challenging. Irish agritech companies can share their know-how to assist African farmers and food producers to increase yields and move into new product areas.