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Shinco Maintains Rapid Development in Nigeria
Shinco Air Conditioners set up its factory in Nigeria in January, 2006, which was established in response to the visit of President Olusegun Obasanjo to China in April, 2005. It is also the first project that Chinese home appliance companies have completed in Africa. The factory runs perfectly af...
13. Africa
The entire African market is estimated at about 0.9 million units and this figure has gradually increased for the last few years.Egypt is the largest market. In Egypt, the penetration of air conditioners is very low. Annual sales are around 250,000 units per year consisting of 25% window and 75 % sp...
Chigo Develops African Market — An Interview with Chigo African Market Director —
JARN interviewed Sun Nutie, Director of Middle Eastern and African Markets for Chinese manufacturer Chigo, to discuss the African air conditioning market and Chigo’s operations there. He gave an overview of the 2008 market and talked about some of the differences in various markets. Unlike many othe.../images/up/News/200993017542113213.jpg
2.13 Africa
The market size of Africa in 2006 is about 1.2 million, about 11% growth from 2005. Africa is an emerging market with great future potential. Major markets are Egypt, South Africa, Nigeria and Libya, which account for a little more than a half of the sales.Majority of ACs sold used to be of window t...
2.12 Africa
The market size of Africa in 2007 was about 1.4 million, an 8% growth compared with 2006. Major markets were Egypt, South Africa, Nigeria and Libya, which accounted for more than a half of the whole Africa AC market.Ductless split units became the mainstream in recent years since the price differenc...
Chigo Occupying the Third Largest Share in Nigerian Market
Chigo and Nigerian agents jointly built the Nigerian factory in 2006 to produce Chigo branded air conditioners. Chigo’s market share in Nigeria entered the top three by the end of 2008, after three years operation. The co-built factory has strategic significance for Chigo to open up the entire Afri.../images/up/News/2009511631291960.jpg
Matsushita Opens Showroom and Service Center in Nigeria
On July 24, 2008, Matsushita Electric Industrial held an opening ceremony for a showroom and service center in the Ikeja area, Lagos, Nigeria. This is the company’s third showroom and service center in Nigeria. The first one is in the Ikoyi area, and the second one is in the Abuja area. More than 3.../images/up/News/2008113012533751165.jpg
Aux AC Exports Surge in Africa
Since beginning its exploration in 2001 of the air conditioner (AC) market in Africa, the Aux Group has extended sales to nearly every country of the continent and has achieved, according to company statistics, cumulative sales revenue of US$ 180 million and unit sales of 1 million units. Strong de...
LG to Set up Assembly Plant in Nigeria
LG opened a new AC and refrigerator assembly plant worth over Nigeria naira 600 million (about US$ 5 million). The factory, situated in Apapa, Lagos, is aimed at offering premium products to its teeming consumers in Nigeria.Speaking at the commissioning, Mr. Mohammed Fouani, Managing Director, Fouan...
Aux Aims at Africa Market
The “Forum on China-Africa Cooperation” has laid the groundwork for a new type of strategic partnership for China and Africa, by which China will have more cooperation with African countries and provide more economic support for them at the same time. This means that with the cooperation of China, A...