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Africa and Semiconductors: A Market on the Rise

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Africa and Semiconductors: A Market on the Rise

Semiconductors, the backbone of the technological revolution, are part of a 500 billion USD global market in 2023, growing at an annual rate of 7.1%. While Asia produces 75% of the world’s chips, Africa, rich in resources such as silicon and cobalt, is increasing its efforts in countries like Egypt, Kenya, and South Africa to expand its share of this strategic market.

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