Learn How Your Business will Benefit from the African Continental Free Trade

What is the African continental free trade? In this article, I will share with you the benefits small and medium-sized enterprises (SMEs) and investors will enjoy under the African Continental Free Trade Area (AfCFTA). I will also share with you how the AfCFTA will disadvantage SMEs. Leaders from 54 African nations celebrated an economic milestone […]

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Eight Reasons that make Africa a competitive investment destination

Summary: reasons why you should think about doing business in Africa A growing African population for volume count – About 2 billion by 2038 Growing middle class A growing taste for alternatives Large informal sector with cheaper versions but a potential distribution channel Competing need for quality products against cheaper ones from China Higher margins […]

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IS AFRICA’S HUMAN CAPITAL READY FOR THE FOURTH INDUSTRIAL REVOLUTION?

Most African countries have expressed increased readiness for business on a global scale, however, many investors and businesses feel that while Africa has the numbers and a cheaper cost-saving workforce, its people’s skills are thinly spread, with skills that involve critical thinking in high demand. As shown in figure 1 below, Africa is doing well […]

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Africa business relationships and legalities

When you do business in Africa, there are two instruments you shouldn’t play with. These are “relationships” and “legalities.” 1. RELATIONSHIPS Relationships in African business is like the oil that keeps the engine going. When managed well, relationships can add enormous value to your business and its growth. What you shouldn’t do though: do not […]

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Good News for African Businesses

Trade across countries within Africa is on the rise. According to the African Union (AU), cross-country trade (also known as intra-Africa trade is set to increase to 28 percent by 2021. What does this mean:  It will be easier to export goods and services from one country to another within the African Region than it […]

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The Real Story Behind Africa’s Fastest Growing Economies -1

After many decades of struggling economy, it came as refreshing when Africa was bequeathed with fast-growing economy and a region with the youngest population. This growth has been attributed to the current economic prosperity across the continent. The World Bank’s Global Economic Prospects compiled a list of six countries in Sub-Saharan Africa that project the […]

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