The automotive and logistics sector in Africa is a rapidly growing industry with a CAGR of 8-9% over the next five years driven by the rise in e-commerce and the development of logistics hubs, as well as the increasing use of technology, such as artificial intelligence, to improve operations.

Nigeria has one of the largest logistics sectors in Africa, with a growing number of assembly plants. Ghana’s automobile market is projected to reach $10.64 billion by 2027. South Africa is one of Africa’s biggest exporters of vehicles and automotive components. In Kenya, domestic and foreign OEMs are planning to expand their production bases due to strong demand. Côte d'Ivoire has improved significantly on its overall quality of trade and transport-related infrastructure between 2016 and 2018. Senegal is positioning itself as a major player in the logistics and automotive sectors with signing of major partnership deals with other countries.

There is an overall increase in the demand for vehicles due to a growing middle class across the continent. Adoption of technology to logistics for enhanced efficiency. Growing adoption of e-commerce especially small businesses, increasing reliance and need for logistics and delivery services.