Monday, June 22, 2009

When is Africa Rising ?

Governments, entrepreneurs and their associations have all tried without really much coordination to develop this continent. The African Diaspora members from different parts of the world recently started to invest some of their small incomes in the motherland continent and others are providing remittances to their dependants.

Many people are still viewing the African bad leadership as the main cause of its poverty and on the other side, economic integration is advanced as one of quick solution to promote trade between African and growth among communities.

In an interview with former SABC’s Peter Ndoro, the CEO of Q-Venture Group operating IT Telecoms in Africa, Keith Boyd highlights some of obstacles while doing business in Africa and some of mistakes by businesses:



But with most of natural resources and a population nearly 1 billion, experts agree that Africa is full of opportunities for every possible business.

This is showcased in various researches and books. The case potentials of Africa for business is also highlighted in Africa Rising written by Vijay Mahajan, a marketing professor at The University of Texas at Austin (Maryland) who reveals Africa as one of the world's fastest growing markets , a remarkable marketplace and a continent with massive needs and surprising buying power:

Now, looking at this situation from an individual point of view what is it that you and I can do ?

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