Sika has expanded its presence in Africa. The company opened a new facility in the Angolan capital, Luanda.
With the additional production capacities in Angola, Sika is moving further toward its goal of covering approximately 70 percent of the market potential on the African continent with its own subsidiaries and production facilities. In this West African nation, the construction industry is receiving considerable impetus from major investments in infrastructure and in residential, industrial and commercial properties. Sika has also recently commissioned mortar production facilities in the countries of Nigeria and Ivory Coast.
“In the last five years alone, we have greatly strengthened our presence on the African continent, and now have 19 national subsidiaries and 18 production facilities,” says Ivo Schädler, regional manager EMEA. “We are positioning ourselves in the markets early so that we can benefit from the construction boom triggered by rapid population growth and urbanization. We have been highly successful with this strategy in Africa: in the last five years we have seen 22 percent annual growth.”