Africa Services Group
The Africa Services Group mobilises the appropriate service line expertise, business intelligence, industry experts and experienced country partners with local knowledge and cultural understanding that is critical to success in Africa.
Doing business in Africa presents unique challenges and it can be difficult for even the most experienced companies to navigate the regulatory, legal and cultural landscape on their own. Deloitte’s Africa Services Group (ASG) serves as a valuable resource hub for organisations expanding into Africa, linking clients to the services and expertise they need across the continent. By leveraging the strength of the Deloitte network and working seamlessly with colleagues throughout Africa, the ASG team is able to help clients turn commercial challenges into viable opportunities.
FUNCTIONS & ACTIVITIES
Research and Thought Leadership
As clients’ first point of contact for doing business on the continent, ASG delivers in-depth and relevant Africa-wide industry, sector and thematic research, thought leadership and information. This allows us to deliver impactful results for clients requesting research on Africa and emerging markets.
Africa Business Development
Committed to sustainable growth in the region, ASG spearheads business development roadshows for our clients to leading African markets and destinations of strategic importance.
Africa Thought Leadership Events
Sharing knowledge to create an impact that matters is a fundamental function of ASG. This insight sharing is also made possible through a variety of Deloitte thought leadership events on Africa, as well as serving as a knowledge partner at other strategic events.
Latest thought leadership
Invest in Namibia
Namibia’s positive medium-term outlook is driven by projections of robust growth in the agricultural and mining sectors. As a result, the economy is expected to recover from the sluggish performance of only 1.6% growth in 2016-17, with forecasts of around 3% over the 2018-19 period – outperforming the Southern African region’s forecast of 1.9% over the same period.
Leveraging digital to unlock the base of the pyramid market in Africa
The level of formal banking and insurance penetration across Africa remains low due to the fact that consumer spending power for the majority of the population is low and unsteady. This has been seen as a hindrance to providing products and services through traditional distribution models, even though this market represents the majority of spending power in Africa. This represents an opportunity – particularly for products that are tailored to the needs of the low-income segment– that remains largely untapped.
Harnessing the power of Deloitte in Africa
Deloitte has a presence in 49 countries in Africa servicing 53 countries. Through this extensive network and legal integration across member firms, Deloitte is best positioned to provide our clients with up-to-date and accurate information on investment, taxation and regulatory matters across the continent.
Managing Volatility: Insights South Africa
The recent uptick in political uncertainty and subsequent downgrades of South Africa’s long-term foreign currency sovereign debt rating by S&P Global Ratings and Fitch Ratings have rocked the South African economy and markets. The ratings, which were previously ‘BBB-’ with a negative outlook, were lowered to ‘BB+’ in the week of 3rd April 2017 in the wake of the cabinet reshuffle, bringing South Africa’s rating into sub-investment territory. This could spell severe economic repercussions for our country and business.