Workforce, Power Issues Challenge Africa's Chemical Industry

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Researched by Industrial Info Resources (Sugar Land, Texas)--Africa's Chemical Processing Industry plays a crucial role in the continent's economies. The third-largest manufacturing-related industry in the region, chemical processing saw a downturn during the COVID-19 pandemic but has since rebounded.

Still, the industry continues to face hurdles, including a lack of skilled workers, the unavailability of reliable power, complicated tax systems and growing competition from multinational companies.

Major players in Africa include Sasol Limited (NYSE:SSL) (Sandton, South Africa), Omnia Holdings Limited (Bryanston, South Africa), Groupe Chimique Tunisien (Tunis, Tunisia) and OCP Group (Casablanca, Morocco).

Industrial Info is tracking 728 capital and maintenance chemical projects valued at US$77.78 billion. Subscribers to Industrial Info's Global Market Intelligence (GMI) Chemical Processing Project Database can click here for a list of detailed project reports.

Industrial Info Resources (IIR) is the world's leading provider of market intelligence across the upstream, midstream and downstream energy markets and all other major industrial markets. IIR's Global Market Intelligence Platform (GMI) supports our end-users across their core businesses, and helps them connect trends across multiple markets with access to real, qualified and validated project opportunities. Follow IIR on: LinkedIn.