Abstract
Since more than a decade sub-Saharan Africa has known a plenty of second-hands vehicles especially in francophone West Africa. These second hand vehicles made of personal fleet of cars constitute more than the 85% of the total number of automobiles in the region. That has contributed in a paradox way to businesses creation and increased the level of entrepreneurship in the automobile sector while it has been a help in performing the taxes collection and policy in ports. The invasion of these types of cars has led to West African ports cities especially Abidjan in Cote d’Ivoire to increase the demand. This paper tends to show the shipping practices of the second hand cars and the demand drawn by the socioeconomic environment. It illustrates the effects on port of Abidjan in Cote d’Ivoire with the local institutional and regulatory function in the shipping activities of the second hand cars. And so far, this study examines the evidence of how the invasion is organized since its import origins and zones to the sales stations and finally describe how this industry generates income for both public sector and private business owners.
Highlights
Since more than two decades, the rapid needs of mobility in sub-Saharan Africa derived by the increasing population have developed an invasion of second-hands vehicles in African ports and major cities of the Sub-Sahara
As we described though the shipping and importation of the second hand vehicle have been at first erupted in a anarchic way, a certain number of reasons and factors have been the main development of trade and business of used cars and vehicles until the institutional effective policy adopted to regulate the sector took place in Cote d’Ivoire
The shipping and invasion of second hand vehicles in ports cities of coastal area of West Africa brought in their context valuable resources governments through tax collection inside and outside ports
Summary
Since more than two decades, the rapid needs of mobility in sub-Saharan Africa derived by the increasing population have developed an invasion of second-hands vehicles in African ports and major cities of the Sub-Sahara. If the economy of transportation remains a hot topic in governments agendas for balancing national and regional economic development, it is inevitable for the private businessmen and middle entrepreneurs to consider automobile as a tool for a pleasure and leisure and for a coherence between living standard, population growth, port cities space growth and their shipping business development This dynamic necessity has increased the demand of second hand vehicles which is partially derived by the low income earners and weak purchasing power of local citizens in buying new vehicles and cars. The shipping activities were developed under the economic and financial constraints faced by most of African students in Western Europe or other individuals seeking to involve themselves in cars and automobile deals in order to support their financial subsistence and daily survivals This new business and phenomenon explore some organizational levels that includes the origin of second hand vehicle and place of importation, shipping and route of container transport, the sales stations available in final destinations and competitiveness in local port market
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
More From: American Journal of Industrial and Business Management
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.