Africa is emerging as an economic hub with growing business opportunities. A story from WARC in 2018 described Africa surpassing other regions in business growth and being called the "new China" as many multinational companies open branches across Africa. This is due to Africa's rapidly growing population, urbanization, and advancing technology. While Western media often highlights negatives, Africa is developing quickly with East Africa considered the fastest growing area on the continent.
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT FOREIGN DIRECT INVESTMENT...Dr Lendy Spires
Many African countries have already done much to create a more business-friendly environment to promote local investment as well as foreign direct investment, and many have made impressive progress towards political and economic stability. In their efforts to revive economic activity they have scaled down bureaucratic obstacles and interventions in their economies, embarked on privatization programmes and are putting in place pro-active investment measures.
These efforts -- helped by other factors such as high commodity prices -- have borne fruit in recent years, leading to a turnaround after a long period of economic contraction, in many countries. As a result, for the first time since the early 1980s, per capita gross domestic product of the continent as a whole has grown considerably for a number of consecutive years since 1994. Some countries that not so long ago were being torn apart by civil unrest or war have recovered and are growing again, although this growth has to be nurtured, given recent developments in the world economy.
Foreign direct investment in Africa -- which can make an important contribution to the economic development of the continent -- has increased only modestly in recent years, as the image of Africa among many foreign investors still tends to be one of a continent associated mainly with political turmoil, economic instability, diseases and natural disasters. However, although these problems persist in some African countries and although they are a serious impediment to the development of these countries, little attempt is often made to differentiate between the individual situations of more than 50 countries of the continent.
As a result, many African countries are not even listed for consideration by transnational corporations – let alone make it onto the “short list”– when it comes to locational decisions for FDI, despite offering a number of attractions to foreign investors. On close examination, however, one finds that a number of “frontrunners” have emerged who have attracted above-average amounts of FDI -- even by the standards of developing countries as a whole -- not only in traditional sectors, such as mining and petroleum, but also in manufacturing and service industries. Most importantly, from the viewpoint of foreign companies, investment in Africa seems to be highly profitable, more profitable indeed than in most other regions
Egypt as a potential market for foreign and home-grown industriesTouseef Ahmed
Analysis of Egypt as a potential market for foreign and home-grown industries in the next years. Entry modes for a foreign company to set itself into Egyptian market.
UNITED NATIONS CONFERENCE ON TRADE AND DEVELOPMENT FOREIGN DIRECT INVESTMENT...Dr Lendy Spires
Many African countries have already done much to create a more business-friendly environment to promote local investment as well as foreign direct investment, and many have made impressive progress towards political and economic stability. In their efforts to revive economic activity they have scaled down bureaucratic obstacles and interventions in their economies, embarked on privatization programmes and are putting in place pro-active investment measures.
These efforts -- helped by other factors such as high commodity prices -- have borne fruit in recent years, leading to a turnaround after a long period of economic contraction, in many countries. As a result, for the first time since the early 1980s, per capita gross domestic product of the continent as a whole has grown considerably for a number of consecutive years since 1994. Some countries that not so long ago were being torn apart by civil unrest or war have recovered and are growing again, although this growth has to be nurtured, given recent developments in the world economy.
Foreign direct investment in Africa -- which can make an important contribution to the economic development of the continent -- has increased only modestly in recent years, as the image of Africa among many foreign investors still tends to be one of a continent associated mainly with political turmoil, economic instability, diseases and natural disasters. However, although these problems persist in some African countries and although they are a serious impediment to the development of these countries, little attempt is often made to differentiate between the individual situations of more than 50 countries of the continent.
As a result, many African countries are not even listed for consideration by transnational corporations – let alone make it onto the “short list”– when it comes to locational decisions for FDI, despite offering a number of attractions to foreign investors. On close examination, however, one finds that a number of “frontrunners” have emerged who have attracted above-average amounts of FDI -- even by the standards of developing countries as a whole -- not only in traditional sectors, such as mining and petroleum, but also in manufacturing and service industries. Most importantly, from the viewpoint of foreign companies, investment in Africa seems to be highly profitable, more profitable indeed than in most other regions
Egypt as a potential market for foreign and home-grown industriesTouseef Ahmed
Analysis of Egypt as a potential market for foreign and home-grown industries in the next years. Entry modes for a foreign company to set itself into Egyptian market.
On Monday, September 26, Assistant Secretary of State for African Affairs Linda Thomas-Greenfield delivered opening remarks for the 2016 Africa Growth and Opportunity Act (AGOA) Forum. The following is an excerpt of her remarks. Since 2000, AGOA has been the cornerstone of U.S. economic policy in Africa. The annual AGOA Forum serves as the premier event that brings together African Trade Ministers with U.S. counterparts to discuss how we can work together to enhance our trade and investment relationship.
World Grain Marketing: Why the location of population & economic growth is cr...ChrisFerris
The lead presentation at the Fields on Wheels Conference held in Winnipeg, MB on Dec 2, 2015. The presentation considered the location of expected population growth and its implications for the Canadian grain industry in the future 2035, with a glimpse at 2100 (used UNPD and other sources).
Prof. Charles Soludo, the lead presenter at the 4th Progressive Governance Lecture Series on A FRAGILE STATE WITH A FAILING ECONOMY: MAKING PROGRESSIVE CHANGE WORK FOR NIGERIA
This presentation describes the remittance and development correlationship. It also provide some information about the remittance data sources and present Remittance flow trends.
the rise of china - latin america perspectiveLuiz Calado
Organised by the Victoria Institure for Links with Latin America, the day-long seminar will discuss the remarkable growth in China’s global impact and how this is affecting policy directions and economic trends in Latin America and New Zealand. The seminar is supported by the New Zealand Ministry of Foreign Affairs and Trade, and the embassies of Argentina, Brazil, Chile and Mexico.
On Monday, September 26, Assistant Secretary of State for African Affairs Linda Thomas-Greenfield delivered opening remarks for the 2016 Africa Growth and Opportunity Act (AGOA) Forum. The following is an excerpt of her remarks. Since 2000, AGOA has been the cornerstone of U.S. economic policy in Africa. The annual AGOA Forum serves as the premier event that brings together African Trade Ministers with U.S. counterparts to discuss how we can work together to enhance our trade and investment relationship.
World Grain Marketing: Why the location of population & economic growth is cr...ChrisFerris
The lead presentation at the Fields on Wheels Conference held in Winnipeg, MB on Dec 2, 2015. The presentation considered the location of expected population growth and its implications for the Canadian grain industry in the future 2035, with a glimpse at 2100 (used UNPD and other sources).
Prof. Charles Soludo, the lead presenter at the 4th Progressive Governance Lecture Series on A FRAGILE STATE WITH A FAILING ECONOMY: MAKING PROGRESSIVE CHANGE WORK FOR NIGERIA
This presentation describes the remittance and development correlationship. It also provide some information about the remittance data sources and present Remittance flow trends.
the rise of china - latin america perspectiveLuiz Calado
Organised by the Victoria Institure for Links with Latin America, the day-long seminar will discuss the remarkable growth in China’s global impact and how this is affecting policy directions and economic trends in Latin America and New Zealand. The seminar is supported by the New Zealand Ministry of Foreign Affairs and Trade, and the embassies of Argentina, Brazil, Chile and Mexico.
South Africa – Mandela Magic versus Nation Gone Astray? Future Watch Report, ...Team Finland Future Watch
Open economy and high growth with business diversification versus closed economy and low growth with low business diversification? Doing business in South Africa is relatively easy, especially in the African context. The disparity between rich and poor is high.
Africa is home to entrepreneurs who are spurring the continent's growth in unique and dynamic ways. More: http://knlg.net/1QJ426P
Knowledge@Wharton recently joined Katherine Klein, Wharton management professor and vice dean for the Wharton Social Impact Initiative, and Nick Ashburn, the Initiative’s director of emerging markets, at the African Leadership Network’s 2015 annual gathering where they interviewed 18 entrepreneurs and executives who are leading, launching, scaling and supporting businesses across the continent.
Nigeria’s young population and economic growth make it the largest high-potential consumer market in Africa. Nigeria is among the largest amount of FDI investments destinations in Africa. Nigeria is the largest country in Africa in terms of population and GDP. Nigeria´s film industry has become a global and cultural phenomenon, Nollywood employs more than a million people.
Africa is home to some of the fast growing countries in the world, a wealth continent full of minerals, abundant human resources and opportunities. At the same time, poverty, underdevelopment, insecurity, infrastructure and talent gaps are high. With 54 independent States and a population of over 1.1 billion inhabitants, Africa economic growth is a paradox story. From the desert in the North through the rich mineral belts of the coastal lines and tourism savannah in Kenya to the dense equatorial forests of Congo basin, Africa’s old dilemma stays the same. The question remains, how can a continent gifted and endowed with the World’s most envied, high in demand and profitable natural resources, abundant and cheap labour market, vast arable land, tourism opportunities and favourable climate said to be the poorest?
Defining Structural Transformation in Africa - Codesria Bulletin, November 2016Africa Cheetah Run
Written by Dr Carlos Lopes in 2016, this article expounds on the topic of structural transformation. Here, Lopes puts forward thoughts on his definition of the subject and approaches to taking the nuances and challenges of Africa into consideration. Several sectors such as manufacturing and the shift needed to turn them into resilient economies.
A bright future - What is the future for air transport technology & empowerme...SITA
Africa is moving from a $2 trillion economy today to a $29 trillion economy by 2050. Household incomes will increase sevenfold. Foreign direct investment has poured in from China but also from Europe, America, Australia, Canada and India. Substantial expansion of the internet infrastructural links from Africa to the rest of the world have given a massive boost to connectivity. Mobile has been a major factor of change: sub-Saharan Africa is the world’s third largest region, behind Asia Pacific and Europe.
Africa’s air transport sector is responding with a growing
number of low-cost carriers beginning to address the long-standing need for improved intra-African connections.
Problems related to safety, regulation, liberalization and costs remain, but there is an increased determination to address these issues urgently – and provide the infrastructure and resource that will be sought by an increasingly affluent and travel-hungry population.
Instructions for Submissions thorugh G- Classroom.pptxJheel Barad
This presentation provides a briefing on how to upload submissions and documents in Google Classroom. It was prepared as part of an orientation for new Sainik School in-service teacher trainees. As a training officer, my goal is to ensure that you are comfortable and proficient with this essential tool for managing assignments and fostering student engagement.
Ethnobotany and Ethnopharmacology:
Ethnobotany in herbal drug evaluation,
Impact of Ethnobotany in traditional medicine,
New development in herbals,
Bio-prospecting tools for drug discovery,
Role of Ethnopharmacology in drug evaluation,
Reverse Pharmacology.
How to Split Bills in the Odoo 17 POS ModuleCeline George
Bills have a main role in point of sale procedure. It will help to track sales, handling payments and giving receipts to customers. Bill splitting also has an important role in POS. For example, If some friends come together for dinner and if they want to divide the bill then it is possible by POS bill splitting. This slide will show how to split bills in odoo 17 POS.
The Art Pastor's Guide to Sabbath | Steve ThomasonSteve Thomason
What is the purpose of the Sabbath Law in the Torah. It is interesting to compare how the context of the law shifts from Exodus to Deuteronomy. Who gets to rest, and why?
2. Background
Africa, as a region, mostly comes to
the news due to the negative things
happening in the continent. However,
in the recent times, Africa is
gradually growing as an economic
and business hub.
3. News Story
A story published in WARC in November,
2018, depict that Africa is surpassing
other nations as a centre of business and
growth. It has been called as far as the
‘new China’. A huge number of
multinational companies have already
opened up branches at many nations
across Africa, and other companies are
scampering up as well (WARC, 2018).
4. News Story
This is mainly due to the
recent population burst,
urbanization, and the
technology advancement
in Africa. With the rapidly
growing population of
young people, for any
famous brand, Africa is
now the place to be
(Steyn, 2018).
5. Location
As a continent, Africa has always been
rich with resources. However,
opportunities used to be scarce until
recently due to economic imbalance and
political unrest across many nations, but
the situation is rapidly getting better.
6. Perception
Thus, even though the
Western media mostly
chooses to highlight the
negative aspects
happening in Africa, the
reality is considerably
different. Africa is
growing fast, and East
Africa is considered to be
the fastest growing zone
(Agencies, 2018).
7. References
Agencies (2018). East Africa fastest
growing region in Africa: UNECA
report. The New Times.
Steyn, G. (2018). Chinese chipmaker
UNISOC sees Africa as its biggest
investment. Business Report.
WARC (2018). Africa is the new China.
WARC.com.
