{"id":458934,"date":"2018-03-23T14:01:37","date_gmt":"2018-03-23T14:01:37","guid":{"rendered":"https:\/\/en.financialafrik.com\/?p=458934"},"modified":"2018-03-23T14:01:37","modified_gmt":"2018-03-23T14:01:37","slug":"luxury-a-promising-market-in-africa","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2018\/03\/23\/luxury-a-promising-market-in-africa\/","title":{"rendered":"Luxury, a promising market in Africa"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>Magnates Place is pleased to announce the third edition of the Industry Sector Conference<br \/>\nLuxury and Business in Sub-Saharan Africa to be held on Wednesday 13 June<br \/>\nGeneva in the presence of an international professional audience from<br \/>\neconomic world, business and luxury industry.<\/p>\n<p>GLOBAL LUXURY IN AFRICA, A VERY PROMISING MARKET<\/p>\n<p>After the success of the two previous Parisian editions, in the presence of an informed public such<br \/>\nCartier, Perrier-Jou\u00ebt, Bloomberg, Bucherer, LVMH, Yves Saint Laurent.<br \/>\nThis first edition of Geneva will look at both Africa Business, the sector<br \/>\nluxury in Africa, trends in the luxury sector and HNW millenials.<br \/>\nAfrica, which today has 145,000 African HNW living on the continent,<br \/>\na strong increase in consumption of international luxury brands on the continent and abroad. Ultra-connected and globe-trotter, the wealthy African clientele is designing a market in the making.<\/p>\n<p>AFRICA ENTERS A NEW ERA: GROWTH AND EMERGENCE<\/p>\n<p>The overall growth of the African continent is expected to increase to 3.2% in 2018 and 3.5% in 2019<br \/>\naccording to the World Bank. Despite a strong slowdown in 2017 and the challenges, Sub-Saharan Africa has experienced an unprecedented emergence since independence.<br \/>\nInvestments and trade are progressing thanks in particular to the presence<br \/>\nactive players that contribute to the African and international economic upturn.<\/p>\n<p>THE LUXURY SECTOR IN FULL EVOLUTION<\/p>\n<p>The luxury sector in sub-Saharan Africa generates more than $ 5.9 billion<br \/>\nyear, represents a niche with high potential, multiple facets adhering to values<br \/>\nspecificities and similarities of consumption.<br \/>\nTechnological advances and the rise of a globalized generation underline the evolution of tastes and approaches; Ethics is now playing a major role in the business world, including the luxury sector.<\/p>\n<p>It is in order to shed light on this promising market and to discover more about Africa International, that through the evolution of the luxury sector, Coralie Omgba offers you this conference in new format.<\/p>\n<p>Information and registration: www.magnatesplaceconference.com<\/p>\n<p>The third conference on the luxury and business market in sub-Saharan Africa is<br \/>\nwill be held on Wednesday, June 13, 2018 for the first time in Geneva.<\/p>\n<p>Bringing together business speakers, creative entrepreneurs, experts from the industry of<br \/>\nluxury and business community who will share their expertise around discussions and<br \/>\nkeynotes. This event will be an opportunity to discover Africa International Business<br \/>\nunder a new generation approach to an informed audience.<\/p>\n<p>An international dinner &#8220;Living the african dream&#8221; will take place in the heart of the lake<br \/>\nLake Geneva on Tuesday, June 12 in the cozy Four Seasons Hotel des Bergues, addressing<br \/>\npeople who want to affirm their support for the economic rise of the African continent.<\/p>\n<p>This luxury meal &#8220;lifestyle experience&#8221; is an opportunity to meet people<br \/>\nprofessionals and \/ or invite your clients in a privileged and friendly environment.<br \/>\nAfrica enters a new era<br \/>\nFour Seasons, Hotel des Bergues, Geneva-Switzerland<br \/>\nPRICES<br \/>\nLuxury lifestyle experience dinner &#8211; TUESDAY, JUNE 12, 2018<br \/>\n\u2022 Your place at dinner<br \/>\n\u2022 Private tasting and experimental animation<\/p>\n<p>370,00 euros, the place<br \/>\nOne The conference &#8211; WEDNESDAY, JUNE 13, 2018<br \/>\n\u2022 Access to all discussions<br \/>\n\u2022 Breakfast, lunch, closing cocktail<br \/>\n\u2022 Coffee breaks and permanent break<\/p>\n<p>433,00 euros, instead<br \/>\nDinner Dinner + Conference<br \/>\n750,00 euros, the place<br \/>\nContact: magnatesplace@gmail.com<\/p>\n<p>&nbsp;<\/p>\n<p>About Magnates Place<br \/>\nCreated by Coralie Omgba, Magnates Place is an eclectic and entertaining platform that highlights the panache of the African continent, including the global luxury market in Africa. Magnates Place is organizing for the third consecutive year a conference on the luxury and business market in sub-Saharan Africa with significant discussions, a sharing of points of view with industry players and experts.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>Magnates Place is pleased to announce the third edition of the Industry Sector Conference Luxury and Business in Sub-Saharan Africa to be held on Wednesday 13 June Geneva in the presence of an international professional audience from economic world, business and luxury industry. GLOBAL LUXURY IN AFRICA, A VERY PROMISING MARKET After the success of<\/p>\n","protected":false},"author":527180,"featured_media":458936,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"aside","meta":{"pmpro_default_level":"","jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"","_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[12065],"tags":[12322,14608],"class_list":{"0":"post-458934","1":"post","2":"type-post","3":"status-publish","4":"format-aside","5":"has-post-thumbnail","7":"category-press-releases","8":"tag-africa-en","9":"tag-luxury","10":"post_format-post-format-aside","11":"pmpro-has-access"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v27.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Luxury, a promising market in Africa - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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We aspire to neutrality, but we assume our subjectivity\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.financialafrik.com\/en\/2018\/03\/23\/luxury-a-promising-market-in-africa\/\" \/>\n<meta property=\"og:site_name\" content=\"Financial Afrik\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/FinancialAfrik\/\" \/>\n<meta property=\"article:author\" content=\"https:\/\/www.facebook.com\/pages\/Financial-Afrik\/150840631757446?fref=ts\" \/>\n<meta property=\"article:published_time\" content=\"2018-03-23T14:01:37+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.financialafrik.com\/en\/wp-content\/uploads\/2018\/03\/logo-1.png\" \/>\n\t<meta property=\"og:image:width\" content=\"392\" \/>\n\t<meta property=\"og:image:height\" content=\"226\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Editor\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:site\" content=\"@Financialafrik\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Editor\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/\"},\"author\":{\"name\":\"Editor\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#\\\/schema\\\/person\\\/80f802fd6db958ac83d55076c6c93692\"},\"headline\":\"Luxury, a promising market in Africa\",\"datePublished\":\"2018-03-23T14:01:37+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/\"},\"wordCount\":580,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/logo-1.png\",\"keywords\":[\"Africa\",\"Luxury\"],\"articleSection\":[\"Press releases\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/\",\"url\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/\",\"name\":\"Luxury, a promising market in Africa - Financial Afrik\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/2018\\\/03\\\/23\\\/luxury-a-promising-market-in-africa\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.financialafrik.com\\\/en\\\/wp-content\\\/uploads\\\/2018\\\/03\\\/logo-1.png\",\"datePublished\":\"2018-03-23T14:01:37+00:00\",\"description\":\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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