Despite the current global economic uncertainty, stable growth within the air cargo industry in Africa is likely to be recorded in 2013. This growth will be as a result of the traditional oil and energy sector, increased consumer spending and economic activity, which remains the main driver of air cargo traffic on the continent.
We predict that, in Africa, we will see solid single-digit volume growth in the short term, led by the oil, energy and mining sectors, and solid double-digit growth in the medium term as e-commerce grows and manufacturing takes root within the region.
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