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Thriving township economy is vital to Southern Africa’s economic revival

TOWNSHIP ECONOMIES

Driving development, trade, and inclusive growth

Almost half of Southern Africa’s urban population resides in townships and informal settlements, with this segment of the population representing a market worth hundreds of billions of Rands.

Due to the economic conditions of this segment, a majority of their spending on food and household products is done using cash from local independent stores, street traders, and spaza shops. The township economy represents a significant opportunity for both manufacturers and importers of food and FMCG goods.

dmg events food, beverage, and trade offerings, Africa’s Big 7 and SAITEX along with key stakeholders have developed an initiative to drive development, trade, and inclusive growth in Southern Africa’s townships and informal economy by providing buyers and sellers with opportunities to access the township economy through our content, features, speakers and exhibiting opportunities.

SUPPORTING PARTNERS

HOW YOU WILL ACCESS

THE TOWNSHIP ECONOMY

BUYERS

  • Buyers will occupy exhibition space to engage with local and international companies looking to access this market.
  • Primary and secondary buyers will be in attendance.
  • Confirmed Township Economy Chamber of Commerce and Industries in Africa (TECCIA) members fitting the correct buyer profile attendance at the show.

CONTENT

In partnership with Township Economy Chamber of Commerce and Industries in Africa (TECCIA), Banking Association South Africa (BASA), and SMME Chamber of Commerce, we offer free workshops and key discussions to upskill SMME’s which include:

  • Stakeholder engagement – Role of municipalities and how to unlock the township economy
  • SMME access to finance – How to mobilise funding
  • Women in Trade – Transformation, and opportunities
  • Practical steps on how to re-establish your business masterclasses
  • Country insights from SMMEs exploring new markets

EXHIBITING

Sell-side sectors which will be featured in the show include:

  • Through Africa’s Big 7, our food & beverage offering: retail-ready food, beverages, sweets and confectionary, canned goods, dry goods, grains, and cereals
  • Through SAITEX, our trade offering: fabrics and textiles, haircare and cosmetics, tools and hardware.

By exhibiting sellers will get direct access to buyers providing them with an opportunity to generate new leads, create new opportunities in the township economy markets, engage with Southern African stakeholders and promote their brand to a curated set of buyers.

RETAIL DOMINATES

THE INFORMAL TOWNSHIP ECONOMY

Informal businesses operate within a multitude of industries and offer goods and services that meet various social and economic needs within township communities. Retail dominates the informal township economy, with spaza shops, fast food outlets, bakeries, shebeens, and hawkers. Additional businesses include backroom rentals, minibus taxi operators, mechanics and panel beaters, metal fabricators, childcare services, barbers, and hair salons among others.

17%

of South Africa’s total employment is through the informal economy or so called “township economy.”

Over 50%

of South Africa’s urban population lives in townships and informal settlements

6%

of estimated informal enterprise’s contribution to the GDP.

90%

of households have access to electricity connection, mobile phone ownership, and television.

$9,8 Billion

of the estimated value of informal retail – a sizable chunk of South Africa’s total market

30%

of the informal market makes up approximately 30% of the total FMCG market.

SUPPLY CHAINS

WHAT THEY LOOK LIKE

Supply-side

  • South African manufacturers
  • International exporters

Primary buyers

  • Large scale wholesaler
  • Importer/manufacturer
  • National footprint

Secondary buyers

  • Regional wholesalers
  • Regional and local agents
  • Bulk traders

Retail

  • Independent stores
  • SPAZA shops
  • Street traders

End
customer

Strategic partners

Media partners

Co-located with

Attending countries